I would encourage folks to watch the American greed episode on Remington financial.. little different they took due diligence fee's  this company is taking money to bird dog deals for them. but it was proven that in almost 20 years Remington funded less than 12 deals and they took in 5k to 10k per client. made millions. this I see is somewhat of a parallel offer to fund the deals make the bar so high that no one ESPECIALLY a newbie can get over the bar..  

In doing this you've likely committed fraud since your entire intention was always to close with the 2nd at 100% LTV...I've watched the video where Pace describes this and in essence he says that treating them as two separate transactions is fine and there's no need to tell the lender.

Watch out for the different meet-up events posted in your area. 

I have not met a kick butt, easy going Lady Broker or Agent like her in 30 years of Rentals in S.

I guess the point of this post is, be watchful and don't give an insurer an easy opportunity to cancel you. 

If while driving to a property an behalf of your LLC, you run over a little odl lady, both YOU and the LLC are responsible. 

I continue to scratch my head watching investors from New York and Boston whenever I meet them at Foreclosure Auctions in Connecticut.

The education is nearly free, it's called watching YouTube, and reading books. 

As I see it, the two areas to watch are a bankruptcy and due on sale clause.

Really looking forward to watching this grow.