I did this several years ago with a multi-member LLC, where one member took out a D-T with the expectation he could later sell (after some 12+ months of seasoning) to a note broker/buyer.

He is a bit of a grump at times and I don’t agree with everything he writes, but he is certainly an expert in the field and will steer you clear of the usual guru crap that most people fill their brains with when they first get started.

:D Will Barnard Good way to look at thing and don’t worry I wont be holding back on the questions.

I have a few more details on the deal under my post - "Apartment REO analysis" - if interestedMy thought is that 5 years is more than enough to fix this thing up, get occupancy up and get my "p's and q's" in order to get conventional financing.I don't think rates will be going up anytime soon, but the next 5 years is hard to predict.Given a couple years to get things in order 1) What exactly should I do from the very beginning of ownership to position myself the best to get financing and 2) what kind of permanent financing options would be available to me and what are my chances of obtaining such financing.

This can’t be attributed to workers coming back into the market because this measurement includes unemployed and underemployed folks along with discouraged workers.

When I inquired how he was referred to me he stammered “someone told me your name, I don’t remember his nameâ€.

I don’t think it’s the banks.

I think you wil find that your goal can and will be obtained more rapidly with a commitment to engage and learn here on BP.

Wholesaling is dealing with motivated people. and your asking how to spot one, that is good, trouble is when you do spot one you want to dot all the I's and cross all the T's and evaluate everything twice before you act.

I'm actually working on obtaining a list of names now.