This helps the clients to build a trust on you, just based on your simple ways to reach to them.

Here is a link to where a couple was prosecuted for putting properties in land trusts and selling them without being licenced in the State of Ohio.http://www.com.state.oh.us/real/documents/2007Summer.pdf

Unfortunately, we're a nation of victims who have no common sense and can no longer think for ourselves.

Are they regional, local, national, etc?

my friend doesn't have any money either, its just that he is willing to take the risk & the big reward on the rehabing side of the dealme i don't want to take the risk on the rehab side of it (especially on this property), i just want to get the property under contract to flip it to him for say 5-to-10 thousandnow the property i believe is'nt owned by a bank, its owned by some corporation which i'm having a hard time finding info on them and how they come to own this particular property, and why their willing to sell this property this cheap and etc (actually after some more digging i think the company is a lawyers office or something, because that is whats coming up as the owners of this property, so i don't know if it really is a bank behind this deal but their using this law firm to dispose of it for them or what)now i couldn't find the name of this corporation, but the address i got off the tax assessors record, i researched it and the building is nothing but a bunch of law firms and etcits just that all the stuff i've read on wholesaling nothing really stated anything about having to come up with that much money just to get a contract on a property and etc. i know what earnest money is but most of the stories i here is people using between 10-100 dollars or so just to tie a property up..............now is mine higher because of the real estate agents lack of trust or something

I am going to get my securities license so that I don’t have to worry about any violations on a national level, as there are some states that require this type of licensing, that being the case I have a colleague that hold such a license and is willing to act as the broker in the transaction.I have 3 almost 4 years in residential mortgage origination, although, I have moved away from that area of lending since the market collapse.

any feedback would be greatly appreciated.vegas.National reports are just that, national.

First, follow this post tactic… go to Commercail Bank and Trust (CB&T) in your town.

In a state where there is a 2% transfer tax a round trip from you to the LLC and back to you will cost you 4%In one location I know of the county waives the transfer tax when going between an individual and a trust as they do not want to tax someone organizing their estate (estate planning many times involves transfers into or out of a trust).Pull out an old closing statement or contact a closing attorney if you use them in MD.

Hey there Ann,Its nice to see that your showing interest in RE investing and trust me soon enough you will be just as good as any of those blog-masters!