You can create an LLC in another state, but you have to register it in your home state as a foreign entity before doing any business.

Maybe get it straight b4 paying an attorney a retainer to sue and or choose an attorney who can and will go after EVERY possible avenue to make your client legally/$ whole.

Quote from @Bruce Woodruff: Yes I agree with Bruce, I had one done about 2 years ago now for a client that got me fully on board with having my clients do them all the time.

Our client gets OPM and they make money  but they have to run the asset.

Quote from @Nick Belsky: I usually refer clients to SpringEQ.HELOCs aren't cheap, even less so for investments.https://mortgage.springeq.com/Cheers! 

I've shared with my clients and the investors in my network and happy to shoot over via email if helpful!  

Like Mija noted, they cost real money and time to maintain, and I simply was not deriving enough value from either.I had no intention of GC-ing jobs for clients, which is about all it would have allowed me to do that I can't do already.  

I am a co-host in Dallas and Waco, TX and I have an idea of what types of owners and properties I want in my co-host portfolio----and with each client/property I learn which qualities are working for my business setup or what qualities I need to be working on to upskill.

Quote from @Chris Seveney: Disclosure: Yes I am a private lender but we do not provide this type of financing so I wanted to #ASKI have a client who has around $5M in real estate that has properties in GA, FL, NV and texas.

If they can't answer the phone for a possible new client, will they answer if you are already locked-in?