Unfortunately, I just got the building and have not had a chance to get all my policies / procedures / forms /etc. into operation.    

You can usually negotiate payments terms as long you continue to pay something.  

I have only focused on flips, and for my short term goals, will continue to only focus on flips.

If you bring your Operating Agreement stamped by your State Attorney General's office to the bank, they should open an account in the name of your LLC. 

Dan Pezzano Continue to dive into the knowledge base here, but I'd caution you to hone in on a specific niche, to avoid working on 5 different strategies at once.

Hey all,I'm driving down from San Francisco this weekend to continue checking out the Central Valley market, most specifically Merced.

I want to enter into this industry for financial freedom and to be able to leave not only money for my children, but a business and knowledge on how to continue it and be successful.

While some would hope they don't get caught during the option time period, the ethical thing to do would be to approach the loan holder and get approval to continue with the status quo until the option exercised.  

Specifically, they will be looking for capital for a down payment and operating expenses and reserves, capability to obtain financing in an amount sufficient to close the deal.  

My company is a buyer and private lender of lower $ ARV SFR properties throughout the U.S.Wishing you continued success.