., an Excel spreasheet) as part of their boot camps.

You can go to the courthouse and look up NOD's yourself for the price of the gas to take you there, or you can pay a service to give them to you via an excel spreadsheet.

In this day and time you're really happy that you've got a track record and a relationship with such an institution because the financing for investors can shut down rapidly--for example, the new requirement under Freddie Mac that you can only have 3 mortgaged properties plus the one you're finanacing.

That is excellent.

Sorry, my mom is a Shakespeare buff and she would be proud :lol: So I was just about to go to the County Courthouse to file for an Assumed Name(DBA) but now I'm considering starting an LLC for multiple reasons and I'm curious as to what your opinions are.A little about me:I have not yet done a dealI have been studying for some time and I'm ready to get startedI have every intention of doing this full-time but I will not quit my day job until it's a realistic possibility(1-3 years)My only assets are my house which is homesteaded and a car with 100,000 miles and serious hail damage so I'm not concerned with asset protection at this pointI am interested in wholesaling/rehabbing(rentals in the near future)I have $10K-$20K startup capital I will be using Hard Money for my first several rehabsI have excellent credit (771)I am now thinking about starting an LLC in Texas(one-time $300 filing fee)for my rehabs because I want to build up business credit and season my company so I figure I might as well start now.Once I acquire rentals I will definitely setup an LLC but that is not an issue yet.Given the information, should I form an LLC or just do my first few deals as a sole proprietor and then get my LLC?

Originally posted by "bimicky":we have an attorney....i feel really uncomfortable with thus deal...That's an excellent reason to have an attorney.The escrow account is the holding bucket at the title company for all the money.

If I see an excellent deal come on line, I get in to see it right away, but this requires a very good agent who is willing to drop what they are doing and meet with you.

I understand I can't be a one man show and want to recruit knowledgable sales agents or investors to make an excellent team.PM me to discuss this further if you would like.

On the other hand, it is relatively easy to build a successful rental property business with $45K and excellent credit.Good Luck,Mike

Anyone that might help you down the road and develop a relationship with them.