Hand your business card to everyone that you can, especially in your farming area.

As far as no access to capital for managing the property that's not neccesarily true.

I typically purchase everything with cash and have no credit cards.

I was told by my broker that if a property has entered pre-foreclosure, it needs lender approval before the owner can sell, is this true?

I was thinking about getting a secured credit card for the LLC for the current rehab I am involved with, but does anyone have any other ideas?

It's very strange, but very true...a "Southern thang", I guess.I have not seen the property.

The same is true with extensive damage done by tenants.

But if the economy weakens it can only add to credit-related problems.It will take some more time to gauge whether the problems of sub prime mortgages have seeped into Alt-A mortgages and the broader mortgage market, and understand its true impact on mortgage rates.

Remember also that corporations and LLCs are governed by state laws, so what's true in one state may not be true in anther.

How important is it to have a company name to put on your business cards and letter head?