My question is why isn't any professionals firms and law firms get involve on faciliating the mulit-millions and billions dollars with the large capital investors and banks senior officers or their legal department?

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.

Still employed; but got involved in a debacle and a waist of time on the REO list phenom.

If you lack the money why get involved?

Great information........I thought a lawyer would need to be involved.

YES, I always get title work. ...Okay rookie question: I thought one of the advantages of wholesaling was the minimal cash needed and risk involved.

I am also involved with my very first "Short Sale" and experienced alot of upfront concerns with getting someone in that department to talk with me.One of the keys is to make sure that the person that you are tryig to buy the home from provides the lender with a "Letter of Authorization" to speak with you regarding this property.

In 99.9% of the cases where you hear a woman was raped, kidnapped, abused, etc, there was one big factor involved: DRUGS.

I won't go into too much detail but if you care to read the following article about organized crime rings involving Vietnamese, and how they tear into homes to setup growing operations, installing air scrubbers and ventilation systems to pump out humidity associated with basement growing operations, the home I was looking at is one of these mentioned as among 100 in the Seattle area that were part of the ring.

If after carefully considering all of this, you still want to be involved in REI, then join your local REIA (real estate investors association) and make friends with the SUCCESSFUL investors in your area.