Just remember that the "gurus" main purpose is to upsell you to a more expensive product and you will therefore only read the positive side of the business.

Which of course the main purpose of the LLC is for liability protection.

I've kind of been turned off from foreclosure/auction/sherrif sales due to the long process and the inability to inspect the property etc.Besides getting the "balls" to actually approach people in preforeclosure situations, the main thing holding me back is financing, I simply do not have the money for a downpayment.My plan was to buy properties, hold on to and rent them until the market turns, and then eventually sell, but that may not be the best option at this point.Reading this forum the last few days I've been hearing some new terms:bird dogging - http://www.biggerpockets.com/articles/bird-dogging101rb.htmlwholesaling - http://www.biggerpockets.com/articles/wholesaling-properties-lg.htmlTo be honest, I'm not 100% sure what the main difference is.

Now if your question is in reference to the buyer's lender when you are wholesaling a property then the main factor is that you need to be wholesaling to cash or cash equivalent buyers.

It also depends on how far they have to run the main to your site.

I know i should have done these courses in the beginning of the year, but i was listening to other people who said it's a waste of time to become licensed if i want to mainly wholesale and invest, investors don't deal with agents so why become one, the agents way of thinking about real estate investing is clueless and you will be taught the wrong ways, and other mixed opinions feelings that i received.

I mainly focus on people who have owned there home for 15 years or longer in several zip codes.The most important thing to do is do more than one mailing.The MOST IMPORTANT LIST is your follow up list

Mainly because the have already expressed interest in selling

My main objective is just to ensure that the buyer is serious.

What are the elements in the chart?