If there aren't any regulars, it's a safe bet you could build a good network of buying and selling investors.

Hey Mark Pedroza, I'll bet you're right.

I would suspect your LLC is brand new in which case no credit is probably just as bad as poor credit and/or the lender would want a personal guarantee.Hard money and private lenders could (and may prefer) to lend to an LLC rather than you personally, but with the same issues I mentioned above.Your best bets are probably to either find a great deal and partner with someone more experienced who can bring the money and you learn from them in exchange for a small part of the profit or find someone in your personal sphere who has idle money and trusts/believes in you to be a private lender.

You bet!

My bet is more toward case #1.

I recommend Phoenix as a safe bet for real estate since it is one of the fastest growing cities here in the US and doesn't have as much red tape as in California.Good luck!

I think my best bet would probably be to go after agents with smaller brokers, but I don't want to limit myself to just those individuals if I don't have to.Do any of you have any experience or insight on pursuing this?

@Marshall Ryan  if you're looking for a specific lender you will need to post in the Marketplace.Hard money is your best bet. 

Bet Brian didn't think I'd be up so early!

If I decide to teach a class on buying non performing notes, I bet I would have a full house of new comers everyday, and all would be willing to drop $3000 each to hear me speak about notes and teach them things that they never heard before on how the note business will make them money...Joe Gore