It is not about business cards.An LLC is a tool to minimize the legals risks while not causing too many other problems.If you have nothing to lose then having an LLC is not required.

I am workin the estimates as we speak.Drywall though is going to be $850 thats with 20% additional "waste/opps"and finished.I workin on the kitchen remodel now.....

I am tempted on ordering a bid from contractors, but I don't want to waste their time in coming out and I never use them... or have them do numerous bids on homes and they are left wondering if they will ever have a rehab project to start on.The property is worth approximately $230,000 ARV.

I started reading more real estate articles,surprised I didn't look into that part,I usually read what other people are talking about on the forums.You do have a good point REI on what crowd I'm hanging out with.I noticed that,the more I hang out with other people who don't have any interest what I'm doing I get bored,and not learn anything,and waste time.I know in business time is very valuable.I'm going to call some investors tomorrow,to discuss real estate with them.Yeah you have good point on a customer will say no 4 times,before I get a yes.Your right flipper I should just move on to the next deal,and not let the other deals get to me.I should just look back with a smile,learn from the mistakes,and move on,because success does not come along with out failure.

Don't waste your time.

If you want to be an investor getting your license might be a waste of time.

I can answer the question of the financing and can minimize that impact significantly.

Hank,This will be blunt so you do not waste you time with lenders and others.1.

The industry's sweet spot is 90 LTV (90% financing) and you would need a FICO is the high 6's/low 7's, be able to document income/assets, have cash reserves on hand, etc. in order to minimize your down payment requirments to 0-5%.

Attorneys and accountants may tend to recommend a new LLC for each property as a way of minimizing risk but it also increases their fees. 8)