Hey I have bad credit and no money so i was wondering that if i start a llc in my state can I start buying properties from the banks. I know that if you start a llc that you could use you ein as your social security number and then you can purchase reo's from the banks! If anybody has any info on this topic please feel free to let me know! I research my secretary of state and found that it only cost 100 something dollars to file for a llc. And not only that but I see alot of people in real estate that has an llc company! I'm just trying to findna way to start purchasing real-estate and building my porfolio!