Hi All Here is the situation: I have spotted a potential deal and looking for equity partner, my uncle showed great interest and agreeing to partner with me on this deal, however due to the time limit we didn't file a LLC before we submit the offer.

It seems, that if NY makes it that difficult to form and administer an LLC, why not just operate as a sole proprietorship using a DBA, which even in NY shouldn't be that difficult to acquire.My guess is that you are wholesaling, so Curt is spot on...there is no need for an LLC.  

Some nice spots out here.  

@Scott Williams assessment was spot on.

recessed small spots, but many of them.  

When I find a willing client I write a contract to buy the property on the spot, the agreement says the seller must cooperate with my short sale agent. 

Spot on and sage advice.  

So how do you spot bogus lenders on social sites?

Thoughts on flipping  coming...2008 we purchased our third rental for $52,900 which is a gorgeous rehabbed single wide mobile home that brings $900 a month partially furnished, satellite tv included, no other utilities. 

@Rob Cee  from a non builder private passive investor construction loans are the most risky one could do... the risk is builder fails in the middle or ( like a builder I know ) built a home 3 inchs out of plumb.. caught at framing stage only way to fix was to tear it all down and redo it.he chose to finish it... and it looks like it should be at the Mystery spot.. doors crooked etc. house value to some one but steep discount.Liens  like here in Oregon properly filed mechanics liens are super liens...