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.

These would be harder to get, and expect to pay more in interest -- which is not tax deductible.Unless you are a large, well-established company, business lines of credit will probably require a personal guarantee by the owner.

Personally I like to use my own money and establish a track record first.

You would have to determine where the NODs and Lis Pendens are in your state.Eventually, you will get established and have developed your reputation of performing on your offers and then some 'real deals' will be referred to you.

To re-establish the official path of ownership.

Even once you've established relationships you'll find yourself making tweaks to replace people who don't perform.

You now need to take a new firm stand and re-establish the landlord / tenant relationship.

This requirement may be established either nationwide or on a regional basis, at FHA's discretion.

In theory, once each property established reliabe cash flow, couldn't you use this method in succession to move from one property to the next?

So, you established your LLC as a corporation for tax purposes?