It’s sad but true, you really need to be a skeptic with every dollar that you spend because it seems that there is no shortage of people who try to sell you things that you don’t need, or simply skim your money out of a deal (like an insurance agent).

It is simply a report that shows you what is currently attached to the property that will need to be cleared when you go to cash out the seller down the road.You want to make sure that there are no encombrances against the property that are more than what you're paying for the place!

Trust is an amazing thing.With that being said, not every one is cut out to be a business owner or has what it takes to run a successful business not matter how easy or difficult it is.

Here are my simply thoughts, sorry might not be the direct answer you were wanting, but here goes anyway.Most people want to be able to retire early or replace their job by doing REI full time.

I'm simply using artistic license to make the point that "everyone" is doing shortsales.

I know each deal will be different but until you have formed the LLC, can you collect the fees in your name only or is that simply not recommended?

Why leverage any of the properties and simply not go for f & c ownership given my scenario above?

As I plan to move into land/home packages and SFR this becomes more important.I would like this thread to detail how someone might go from where I am to offering financing like any other established financing company.The only rule as we create this list is the reply to get a lawyer doesn't cut it.

:mrgreen: The only problem with it is that craigslist has so many computers out fishing for info, so it is not completly accurate, you gotta take the number of hits and cut it in half if you want a more accurate number for real people.

Well lets go backwards...You get the checkcheck is cut from title/escrowdeed has to record (depends on dry/wet closing - don't get hung up on this)deal has to fundyou open escrowEMD is put incontract must be signed by both partiesYou must have contact with a seller or seller rep.Now... what's the last part?