In my opinion, yes, it can be done, but you're looking into a bigger mess as far as the government is concerned.Lets preface this with I don't know exactly how this works either, but after a certain amount of people are involved you have to report as a Real Estate Investment Trust (REIT) and have to file extra forms related to your business and also after a certain threshold you also need to report members and their distributions to the Securities Exchange Commission (SEC) so they know as well.Being young (as am I) you are going to run into a lot of dead ends trying to apply for a residential loan with a business name.  

From what I have seen while looking at sample tapes, FCI exchange/other websites, and other comments; is that performing notes cannot be bought with that much of a discount (but I haven't seen what local banks/credit unions provide in their pools/tapes).

Many of these investors are using 1031 exchange tax benefits to transfer assets from higher priced markets to Boise.  

Sale, exchange, or leasing of property between a plan and a disqualified person."

I just got home from a meeting ... great group tonight with interesting discussions, exchange of vendor information and sharing of knowledge.Hope to see you at the next one.

I thought you could use a 1031 exchange to prevent paying taxes on flips by using the profits from one deal to fund the next deal.

Check out www.TheNoteDepot.com as Joe DeSilva has performing notes from time to time...You might also check out FCI and Watermark Exchange.

If you all could add me to your lists for networking, I will add you to mine & we will exchange great deals.

In exchange my tenants get to use their laundry room.Thanks!

People take the easy route and in exchange get crappy returns.