Pick a strategy, make yourself as knowledgeable as possible, and seek out the people locally that can help you make things happen (friends, family, mentors, etc).

Real Estate Investor with 35 years experience seeking Short and long term financing. 6 mo-5 years

**All of these questions are much easier to answer if you find the deal first.When all of your investors are on board, seek the advice of a real estate attorney as to which structure/legal entity would best suit your situation, and then have them create it for you.If you get this far, all there is to do is 1) Find the Deal, 2) Buy the Deal and 3) Manage the Deal.Hope that helps a little.

Also the foreclosing party has so many days to seek a possible deficiency judgment against the party being foreclosed after the sale.

I will also be seeking an attorney's advise but BP is always great for a start in the right direction.

Seek other markets where the numbers make sense and keep your inner circle filled with those who are always searching for a solid deal.

Tara other markets you need to see what kind of cap rates are possible versus quality of the area.What type of cap rate is where you live and what cap are you seeking versus security??

Since I just have this one property going on should I seek a professional CPA, or can this be done simply?

If you can show that as an agent/broker you are a "procuring cause" you may have grounds to seek the split and not simply the referral fee.

I plan to seek another opinion, but I thought I'd come here firstHas anyone else dealt with this?