If you are seeking as a private investor, I can return your investment $1k richer for your kindness, and of course secure said transaction with a standard commission assignment agreement of course fully executed through my broker of record.

Did you spend the money on legal costs of creating the partnership before or after you secured financing?

I've never done any deals with a boat or travel trailer ILO cash down payment, buying bonds to secure financing, or any other especially creative way to buy and sell.

You hired them for a reason, let them do their jobs.Since I work in the real world, let me give you some more advice on this: Once you build that trusting relationship, do not take it for granted.

And I am pricing this security/condo at $230K and it WILL sell at this price and I will be able to pay it back, as we are actually verifying my income etc. so my security will actually be worth something.But with this bailout...

Investment banks, big insurance companies, and others who bought securities that were based on mortgages that were no good.EACH AND EVERY ONE OF THESE GROUPS SHOULD BE ALLOWED TO FAIL AND THE CRIMINALS THAT STARTED THIS MESS SHOULD BE EXPOSED AND PUNISHED.

I've been investing in RE for well over a year now, and have had 2 properties that I've been relatively succuessful, a SFD property bought as a REO , repaired cheaply and increased equity by 40% and a 6 unit apartment complex that is now cashflowing and has increased by about 400% in equity.We will be finalizing some credit account the comming week to secure enough money to start buying atleast one property per month to add to our portfolio.Our goal is to buy properties in decent neighborhood at no less than 35% ARV , rehab and then lease-option or other type of seller financing/RTO deal.

I am having trouble figuring out how to try and secure a legitimate corporate veil!

What route would you reccommend I take to secure financing for some homes that are in foreclosure?

We have also recently started an LLC, which we use for a small business, but would it be beneficial to try and do this through the business, since the other two properties were secured under our personal name?