BUT...when you have that "Low Jack" (the word RENTAL in the LLC) on a Judgment, you got a pretty good chance of getting paid, sooner or later as one day out of the blue, a Lender contact you asking where the borrower needs to mail the payment so he can get the mortgage needed to close on a home!  

I strongly encourage you to seek out a real estate attorney to assist you with keeping in compliance with the RTLO.

Hi All, I need a capable, reputable and experienced commercial finance expert's assistance.

To my knowledge, the statute starts the day the borrower went into default, but each state is different. 

Just be open minded and reasonable.It's to WEED OUT potential borrowers who will waste the investor's time and effort to loan them money.   

Hi Laura RennerI might be able to assist depending on your situation.

Usually in short sales the borrower is behind and provides a letter explaining why they can't pay their bills and their dire need. 

I have agents, title companies and escrow, now I am looking for a General contractor who can assist me in the finer details of the remodel. 

They are very often ready to downsize or transition to assistance.

Banks decline people that are self-employed, not because their tax returns are too complicated, but because they take massive deductions (legal, I know) which reduces their adjusted gross income.Incidentally, banks turn down W2 borrowers that take massive deductions for business related expenses which also reduces their adjusted gross income.I would suggest you look on BP to find an investor friendly local lender that you can sit down and have a coffee with.