I look forward to meeting others who are involved with investment properties.

I am also an investor myself and am always looking for deals to become involved with.I have been in and around real estate for about 14 years.

@Jesse HyderThat's a very eye opening comment.

It opened my eyes quite a bit to say the least on the whole business.Experience --- Read every book under the sun on real estate investing.

If your a buy and hold investor, are you planning on putting the properties into one persons name and getting traditional (30 year) financing (traditional mortgages are for individuals, not LLC's) An umbrella policy for a few million is a cheap way to take care of liability, and even if you have it in a series of LLC's and your 5 entities from it, if your involved in the rehab, and someone gets hurt because of neglect or something you should have know, you liable...and if your managing a rental and something goes wrong, your just as liable.

@Jorge C.Since your family is already involved in real estate investing why not approch them for funding?

How do I get the sellers of these properties to believe in me when it comes to finding buyers & closing these deals with a win-win for all parties involved?

There is a house we have our eye on that shows the owners have filed bankruptcy, how to we pursue this property?

The interesting thing is that while Detroit has gotten a black eye for so long (much, but not all of it, justifiably so), so many have never mentioned the unethical and unprofessional sales partners in different parts of the world.

I guess what I’m trying to understand is would there be any double taxation involved in an LLC structure, bearing in mind again, that I myself am a foreign alien.