As a Partner in the GC-GOLD Construction Lending consortium with primary markets extending from the Mid-Atlantic States, the S.E. and selected S.W. markets I have to say that we have seen NO reduction in requests for const-to-perm financing from those who want to engage in the construction of a CUSTOM-built home as a primary residence or a 2nd/vacation home when completed.From that perspective alone...

It is an old gold mining town of about 2500 pop.

I appreciate your thoughts and if I could find a place that costs $100,000 that someone would rent for $2,000 a month I would own 500 of them and retire on a gold yacht somewhere.My question about whether or not you can get around passive loss deduction AGI limits by forming some kind of business structure still stands, though.

They do a double close or other process to avoid the problems when a wholesale is specifically blocked.Lenders are sophisticated and they want to stay out of chains.

There ig gold and other hard assets.I have lived and worked in the PacNW (metro Portland mostly plus Kirkland WA).

Lol I'm just yanking your chain.

I hope everything works to your avail and that perticular property turns out to be a small gold mine.

I always thought that if you hired a title attorney and they did a title search and felt comfortable that there was no cloud on the title, that you could then convey the property with a Warranty Deed and be able to get title insurance on it to boot.In my situation, prior to the house being foreclosed on there were only 2 previous owners since the house was built and in both cases these owners had Warranty Deeds.I find it hard to believe that a property can have a Warranty Deed on it for almost 50 years but the minute it is foreclosed on there seems to be some question surrounding the chain of ownership.Can anyone add some insight on this?

High vacancy, high commissions, high maintenance and repair to keep in "Gold Star" condition (or whatever it's called at a particular area) and you're always paying top dollar for labor and material to get that stuff done.

As far as the proper type of license you need along with other things to deal with gold, gold dust, jet fuel, oil, and commdities!