Tyler, there's no guarantee but you can reduce the chances of a wholesaler "poaching" your buyers by establishing strong relationships with wholesalers that good reputations and have significant property portfolios.

Once we had an established relationship, I could go on Monthly draws based on % of completion.Bill

With a property in good condition, getting good income and your agreeing to continue to live in the property, you should be able to get 80% of it's then value which will be at least what the value was when you bought it plus the value of your upgrades.You will have established your self as a homeowner, learned how to value property, learned how to negotiate, learned how to make repair estimates, learned how to do the repairs, learned how to get tenants and deal with them, AND there is a good chance that your property will be worth enough over your mtg balance to allow you to refi cash out.

Most HML’s will give out a standard POF letter but it means nothing if the investor hasn’t established working relationship and been approved for RE loans.A friend of mine had to delay a closing for weeks while waiting on his buyer to get approved on his Hard Money.

Especially, loans with small dollar amounts which I expect this one would have.However, if the LLC is an established one that can show financials it makes obtaining financing slightly easier.

I have long wondered on this because a company is an entity itself if established correctly, and in such sales between separate entities is just that.

Someone who has openly taken charge of abandoned land for an extended period of time — using a driveway on a neighbor's property, for example — could try to claim that land later, he said.But it takes a long time to establish those rights, typically 10 years in Texas.

I'm trying to figure out how HUD establishes a minimum bid and what strategies investors/buyers employ to win some of these auctions?

I’ve been told by bank of America and a acquaintance who is a mortgage broker that 2 years history since LLC establishment is required.

The way I got started was establish a checking account in the LLC, deposit more cash than you withdraw, request portfolio loans, treat the organization with respect and keep to your word and then request the business line.