I do want to establish a relationship with a buyers agent that i hope develops into him or her representing me for the long haul.

Establish a relationship with other banks so that if one says they can't you have established options instead of hunting for a new loan without a relationship.Your responsibility is to keep yourself loanable, good credit, debt ratios being acceptable, staying away from contingent liabilities and having sufficient equity.

The importance of establishing a personal relationship with your local banker cannot be overemphasized.

Hi Joe Holloway,I believe what you're trying to do is establish your farm area.

You also have a disadvantage, as you have no established credit.

I ended up hiring a coach/mentor who is already established.

My wife and I recently opened an LLC to establish our real estate business; something I have always wanted to do, and since my wife comes from an entrepreneurial family, it is very exciting for the both of us.

In CA I prefer the LP structure because of the high state fees for LLCs that produce a high level of income, but you should check with your tax advisor for specific entity selection advice based on your income and tax situation.

So, how you enter the business makes a difference in the type of due diligence the note buyer needs to do.Notes are unique and unlike other investments like a bond that is rated and is in an established market providing liquidity at a near par value or an easier valuation method.

Tom and Jim have plans to buy a house to rehab/flip or rentTom already has an S-corp established for his existing real estate company.