Eventually after putting the time in you could get a senior position with a better split or go out on your own now that you have contacts and your own following.If you do not have experience it will be hard to pickup clients when you are talking high dollar amount investments as they want experience.

I just completed a deal here for a client where we put the property under contract with full rights to access the property prior to closing.We rehabbed it, sold it and double closed it to the end buyer.Total out of pocket expenses were zero.

The person filing the Articles is the organizer, who does not need to be a member or manager of the LLC (I sign & file Articles for clients.)

You'll also have responsibility to ensure that everyone is insured appropriately to protect yourself and the investor/client/homeowner.The other option is to serve solely as a "paper contractor" or "construction manager" (same thing, different terminology).

This is where you have an opportunity to fill a niche through your education, because the same knowledge that you will later use to recognize a good investment opportunity for yourself, you will be able to use to find deals for clients.I remember trying to explain to realtors what I want – this was not a winning strategy.

Hedge fund investors are investing in Calif and AZ so they definitely are doing something that they think will work for there client investor base.

For my clients I go out the full value term of the loan even if they are not holding that long and put in conservative assumptions.So the loan has a call in 12 years.

Essentially, it's an iPhone app that will recognize the property that you are at (with location enabled setting) and provide the user access to a property profile, comps, tax info, and the usual title company online services.

That lender owns the car and they can repossess it if you don't pay.As a Mortgage Broker, I have heard many clients cry that they thought they owned the House.

The ones that fit into #2 have probably had bad experiences with wholesalers who:- Were just tire-kickers and never made offers;- Made offers but often backed out of deals;- Tried to get the seller to lower the price after a contract was executed;- Made closings difficult with needing to double-close or some other non-standard transaction.I recognize there are some very good, very ethical and very successful wholesalers out there, but they are a very small minority of the total group of people who call themselves wholesalers.