Hi All.

I'm a newbie that is in the stages of buying his first property.

What sort of operations work needs to be done?

* I assume registering an LLC. I'll meet up with a layer for this. Is LLC gen...

You can negotiate and get them down much further than that.When I did residential years ago I used to help people with credit issues.No legal advice.

Is this approach legal/possible?

Now you have a legally enforceable interest in the sale and everyone gets paid.

Bill Gulley Regarding "I've never heard of it costing more per person" in NC that is true with the legal complaint filing at small claims via the clerk of court, but the sheriff service cost is $30 per person in Wake county.

I haven't used it to create an LLC, but would use their service for this if I was doing a basic, small company setup.Anytime I'm creating legal docs for an entity that has a substantial amount of money involved or potential liability issues (i.e. pretty much any real estate venture I'm involved in), I use a lawyer.Lynn

•The actual process of purchasing a house, what goes into it, what legal concerns the buyer should have.

If not I would stop until you have legal counsel.

I am not in the business of disagreeing with legal counsel, but you may want to simply chat up another attorney to see what their take on the matter is around your specific situation, they may be other opinions.

You will probably have to find a broker with a brokers license in both states if you legally can't get your own brokers license right away.1.