Im new to real estate and I'm interested in obtaining my first rental pproperty.

Buy the building in the  name of the LLC and allow your investors to purchase membership certificates.  

If the builder won't let you put in a contingent offer then just put in a normal offer, conditioned upon obtaining financing which is standard in any contract.

I advise you to avoid using credit cards, you could however keep that option open as part of your contingency plan.Have you talked to any hard money lenders so you know you can obtain the financing you will need?  

In my head I called it 'municipal lien certificate' instead of cml

The property is going to be the mortgage companies collateral and wants to make sure it is decent condition before they lend their money on the it.2) Many buyers that want to obtain financing in this current market cannot because of the new, strict under writing guidelines that have been implemented since last April '07.

In fixing up their properties that are n foreclosure? Doing all repairs - lock changes - board ups - cleanups - maintenance - digital photos etc?
Seems like there should be a need for this type of service that's for s...

I had read on another post that since I own the land, financing would be easier to obtain and when the project is completed, it would be possible to make the permanent financing include the value of the land as well.

Are there any worthwhile companies out there? I work for a website. We are looking for new ways to contact potential members. We are specifically looking for Agents/Brokers/Attorneys etc. All must have verifiable REO ...

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