yeah i agree with stephen l, you don't need a lawyer to file for LLC here in the red stick, i had to send $100 filing fee to have paperwork registered with sec of state web address to file online is sos.la.gov just type it just like that, i also had my bank file for my EIN when i applied for a line of credit application just have to talk to your local bank that you deal with real nice and they will work with you, the 1 i deal with is capital 1!

Would need to understand credit score, loan to value, loan size and cash flow of the property.

Even if there is a personal guarantee on the duplex it shouldn't show up on your credit report.  

They countered with giving me a credit for $2,500 at closing.

The majority of the house has ceiling tiles that need to go.

Our area apartments rent out for $500 and are usually 1 bedroom and other SF rental homes are in the $500-$750 depending on condition.The chamber of commerce, utilities office, and city hall all allowed us to put up a flyer and that is where the majority of our leads came from as it was people moving to town for jobs that weren't ready to buy as our potential renters.

Corey,I believe the areas you are targetting have major potention in the long term.  

I've looked at several ways to incorporate deals but the majority of sellers want a loan from the bank.

I approached a larger branch bank chain, would i have better luck at a small credit union or a mom and pop bank?

Hi Paul,I'm a proud eastern NC native, but must admit that eastern NC is a very different animal from the major NC markets like Charlotte, Triad, and the Triangle.