Exactly what David said they are owned by Asian and Indian names local and foreign not necessarily firms but wealthy individuals.

This does not necessarily discount the individual but more information may be required before making a decision on the appraiser.  

What I am needing help with is how to approach the individual and look professional and give them options to feel as if they get options as to how they can receive their money.This is what I am thinking, 100,000k loan , payment interest only annually 5-8% . 3-5 year term.

@Danny NeessAs a foreign investor (nonresident alien) having a single member LLC makes this a disregard entity so all Income including any capital gains go on your individual return.

From my experience (I took it online) taking the course online offers tremendous time flexibility if that’s what you’re looking for but from what I’ve heard taking the classes in person can offer some great networking opportunities with like minded individuals.

We have had lots of inquiries through Zillow and other online platforms with no response from the individual.

One of the items required by the bank is either a letter from the seller stating no harmful substance was used on the property.

The reason I believe I need to set up an LLC is because all the hard money lenders I speak to say they won't lend to individuals.

There are more and more lenders popping up nowadays that will lend to individuals, but the vast majority will lend only to business entities. 

Individuals, know that things come up and I can usually explain why their payoff may be a day, month or even several months later.