But then again, they are out there.My simultaneous note purchase was commercial property, 70% cash dwn, 800 FICO on buyer with a 20 year proven rental history to boot and, secured by a good property in a good neighborhood in a major metropolitan area.

Something to do with that fact that if I am proven to knowingly mislead and "convicted", it doesn't matter if I have a million LLC's, I personally am liable and therefore (since the LLC is a pass-through to me) all my LLC's are at risk.

Simple as that.Very true and to add, look up public records of all cash closings, there you will find proven buyers.

Until then, it never occurred to me to get involved in something like this as my focus was elsewhere.I'm not really walking away, just stepping back for now because from talking to the neighbors who know him well, I have inside information that he is not going to sell.

This post is a great reminder of the essential steps for wholesaling.

You've already found BP, so that's a good first step.

Purchase a Tax Lien Certificate on the steps of the courthouse?

Now you are starting to step into the world of raising capital so tread carefully.

It seemed like it was in pretty good condition (from the outside) not too many cosmetic issues at all.Anyway, I am wanting to know and learn the steps from where to go from here.

It came up between $137,396 (low) and $185,888 (high).Anyway, I am wanting to know and learn the steps from where to go from here.