Normally I would never have jumped in this deep, but the tax auctions for full deed ownership and no lean attachments were taking place at the county sites.

I was leaning towards selling and now I have made a decision that I will.

I heard a few years back, that some lenders are frowning on Individuals being listed as a payee on the HUD statement.I am going to form an LLC but it would be more convenient for me at this time start business as an individual, get my feet wet and then after the second or third transaction incorporate.This is important to me.

And, on this aspect, I suggest a servicer that will not agree to purchase the note in the event of default or act as the foreclosure agent as this may give incentivies to a servicer to lean toward the lender (as is done with institutional lenders).

People seem to like the convenience and immediacy.

You offer a service (quick sale, don't clean up, no showings, whatever else) that the seller/owner values more than the difference between what you're offering (wholesale) and FMV for the property, essentially convenience for cash.In this case, what do you believe you're offering the homeowner?

If you're very high net worth, adding the out-of-state LLC in a state like Delaware or Nevada can make sense; but, if you have to choose between the trust or the Delaware LLC, I lean towards picking the trust.

If you need a calculator to figure the deal, it is too lean!

I'm looking at leaning more toward certificates than deeds to begin with, then transition into both deeds and TLCs.

We use satin nickel in our area as we try to lean to a slightly modern look.