There are many legit places to get you credit clean but your idea of a Credit partner works IF they also have Capital alone....You could form an LLC with the Credit Money partner adnyou could buy IN AFTER the loan for the property is established....If you are on the LLC as a Principle the bank May not loan to you...If you have PLENTY of Capital why do you NEED the Loan?

Matt,With all due respect, my opinions are not mine, but that of an industry called lending.

if the answer is NO.....pray that your dealing with a rookie or someone who doesnt care about their money.....Believe me if the deal has merit he'll do it and most likely he'll do business with you again, he'll lend you or JV, or invest with you once more.....and if he doesnt, he might recomend someone to you......and if he doesnt.....at least he'll respect you and keep you in his e-mail list.....who knows?

true compilers and assett managers dont even want to talk to any investors that dont have a proven track record. the only way the newbies and little guys are going to get in is through someone else and hope the chain isnt 12 people long. alot of the hedge funds are buying large portfolios then breaking them up and fliping them to the open market and this is a way to establish a track record. i have no problem bringing a true investor that can show proof of funds and knows what they want directly to a compiler to place some orders. the compilers want a minimum of $100,000,000 order and charge from .45% to .58% on average.

__________________________________________________________________________________________________________________________________________________________Assignee agrees to fulfill all terms, conditions, and contingencies of said Contract and to perform as required in good faith and within any time periods established by said Contract this _____day of _____________, 20_____.

I learned about buying shelf corps with established credit today and have been researching like crazy to find a decent company that seems legit to do something like this.

Welcome to the forum, synergy.We also believe in establishing relationships here at Bigger Pockets.

It is very simple and basic in that respect.

Hey I just joined and am loving the forum - I currently own 4 properties (2 homes/2 small apt buildings) in some rough areas in Philly - but they are not under an LLC or S corp, which I wanted to establish for these and future properties - any experienced members have advice on how to go about transferring the ownership to the LLC/S corp with out paying a real estate transfer tax - also which of these is a better option (LLC vs S corp) and whythanks for the help!

We've established relationships with three handymen with good references.