However; impossible to find other lots to build on!

It sounds like a scam to me that the law makers are making it impossible for middle and lower income America to buy a home.

As i said before im 18 and finding a job is close to impossible and i know it is possible to get started without money, so i dont know what strategy i should delve into but im excited never the less.

Many folks choose to do this, making it virtually impossible to find out who owns an LLC short of a court order that might arise in a lawsuit scenario.

I own a water garden installation company and a handyman company, which makes for no real verifiable income, which makes traditional loans difficult if not impossible.

Deals are nearly impossible to come by in this area, so I tend to look at properties with potential that need work and will rent easily.I'll also run the numbers with nothing down and higher rate.

Then consider and S-election.If you're married and she doesn't work, start out with the S-corp then maybe consider going to a C-corp. otherwise mabe the C-corp would be best.My point here is: Without analyzing you entire situation it is darn impossible to give you a detailed answer.I do however, recommend you utilize your own entity to own a partnership interest.

It seems to me that both of these methods are near impossible to make this thing a worthwhile deal.

It is simply impossible to justify that value in that area.

So while not impossible but rather in the ranks of less likely, I don't see this borrower all sudden posting the significant cash needed to pay down the second lien.