That means that a creditor can only pursue your interest in the LLC and nothing else.  

It's a crazy and interesting world, real estate investment - and hopefully when creditors say I can get off of the sidelines I'll be able to have an edge on the typical home buyer.

A lien is a "notice" attached to the Client's property, in the form of the publicly recorded mortgage, telling the world that a creditor claims the Client owes it some money.

I do it this way just because there are a lot of scammy websites that pretend they're the official site and going through the FTC page eliminates the possibility I'll go to one of those by mistake.Of course, if you're working with a good mortgage person they should already be talking to you about a lot of this stuff, what your score is and how to get it higher, etc.If you can get the free report from each of the bureaus and look it over, and have it in hand when you talk to mortgage people, it can give you a head start talking with them about any issues such as lack of credit or certain accounts that might be impacting you a lot but could be easily paid down or paid off, etc.

You wont need a license, good credit, or even money to start wholesaling real estate yourself, the common misconception is that is to good to be true and sounds like a scam.

I try to gauge, based on who the judgments are from, how likely the creditors are to garnish the income.

@Josh Crozier, you really needed to get a revolving credit or similar set up while you were working.  

Tell that to my neighbor, who's son was a contractor and killed himself in 2010 after his thriving business tanked and the creditors came demanding their money.

That means that you will need to use your own money or you will need to get money from a line of credit or from a private money lender to help with the down payment and with the repairs.

Hi Commercial RE Investors,I have a question regarding home equity line of credit or HELOC.Here is the scenario:I went to a local bank asking for a line of credit on my 6-Unit.