Just for an alternate viewpoint, I have a website/blog that gets several thousand hits per day, but I don't list any properties there and don't do any marketing there.

It offers nothing for asset protection and is not an alternative to good insurance (e.g. rental property hazard insurance.)

Alternatively, she should be able to get her bank manager to write an official letter stating there were funds in the account which I could take to my bank to reimburse me the fee?

A cheaper alternative then an attorney would be do a property search and find homes in the area owned by an LLC and see if they bought as LLC or if it was transferred.

Housing starts have been fueled by rising rents, cheap mortgage rates, and an abundance of low- and no-downpayment mortgages.The 80/10/10 piggyback loan has been in high demand of late, and buyers are finding the Fannie Mae HomeReady™ home loan to be a worthwhile alternative to FHA lending.The math for "Should I rent or should I buy?"

Happy to educate with alternative, hands-off real estate investments.

For those wholesalers that have access to the MLS, how? Did you get your real estate license, become a broker, team up with an agent, become an "assistant"? Was it worth it?And for those that go without the MLS, what ...

An alternative, or additional strategy would be to give him some vague details so he feels like he's gaining knowledge for the market. 

Alternatively, their websites may be able to provide you with some leads.I hope this helpsKirk

The wholesaler will pay for 2 closings if there are 2 closings:A sells to W and closes (1st set of closing costs), then W sells to B and closes (2nd set of closing costs).Alternatively, W could assign the contract to B, resulting in:A sells to B and W has no part in the deal and no closing costs (I don't think W has closing costs, but check the deal.)Jim.