The race has begun!

Over time however, she has begun getting more and more involved with trying to find deals and analyze them based on her numbers, which as I said before, don't make a lot of sense. 

Form the LLC before getting a tax ID and bank account for it; the banks will require the organization docs of the LLC and the tax ID before they will open a bank account for the LLC. 

A “loan originator” includes individuals and organizations, as well as an employee, agent or contractor of the creditor or loan originator organization.

My advice would be to be well prepared, have nicely organized documentation on your current property including a report that shows current expenses and income, and take that to local banks to see if anyone will work with you.Best of luck!

In my early days I accepted tenants who were referred to me by credible organizations and/or were personally known to me, did not do my due diligence and was burned.  

Hey there BP,I'm actively pursuing a property that is in probate but the bank has begun the foreclosure process as the previous owner passed shortly after not paying her mortgage and taxes for nearly 10 months.

-getting involved in organizations as a board member, such as non-profit organizations-making friends with financial planners who have OPM to investAs I understand it, per the securities laws, you can't make general solicitations, and there are limits to what you can raise, such as one item in I believe Reg.

In case you're looking for a little something to help you realize you're not alone in having to figure out what to do with all the information you've been gathering, I've posted a little tidbit to encourage you on you...

I had begun to line up financing and things were beginning to fall into place.