Originally posted by Account Closed:so I can't find the answer this anywhere.So I have a LLC that has a DBA. can I enter into a contract with the DBA?

I was advised that I could set up an LLC and put terms in the lease making the tenant part owner (1%) of the LLC and that this would satisfy an owner occupant requirement. 

I learned about deed restrictions and how do I use an LLC to maneuver around this?

This would be coming from your LLC I assume.The reason I ask is because I know there is a period where you jump to REI full time and are too small to justify loans just based on your experience alone.

This loan can be done under the following terms.Must LEGITIMATELY be worth over $115K each.Must have 30%+ equity.Held in an entity (corp or LLC)Must cashflow (vacant units won't count toward cashflow)Credit preferred 680Minimum of 5 propertiesLoan request above $150K

Yes a Realtor may not wholesale a contract but it is not against the law for someone to have a contract to purchase a home in their name or LLC and then sell that contract to someone else as long as the first contract lets you assign it.

When I sell to buyers, they make their checks out to me personally.I formed an LLC today (today is the Effective Formation Date) and I notified all my buyers to begin making their checks to me payable to my LLC (instead of me personally).However, what is the proper thing to do with those checks my buyers *already* wrote a couple weeks ago (that are currently in the mail on their way to me) that have been endorsed to me personally? 

  :)As we only have 1 unit currently under possession in our company, (LLC formed, funding to be soon), It's really about the paydown for all of us involved.5-10 year timeline means major equity to us, unless of course, the bottom falls out and they become worthless.

hello this my first property I need to know is it better to put it my name or a LLC 

(a) Yes, LLC is underway but not formed yet.