That enabled us to get him in a property that needed minimal updates, met all of his needs, and gave him the amount of character that he was looking for in a home.One of the things we did with John was talk about how long he wanted to live on the property.

Hi Sanjiv,I currently manage 4 investment multi families, and am under contract for my fifth investment hoping to close in 2 weeks.I recently moved and bought a SF where I live now but prior to that I was owner occupying one of my multi families and my tenant was paying 80% of my mortgage which really enabled my to bank a nice chunk of change.

@Raju T.Depending upon where in the U.S.A. you plan to invest and which lender/bank you approach, you may be able to use your Canadian credit rating and income tax notice of assessment:If you bank with a U.S.A. subsidiary of a Canadian bank (TD, BMO/Harris, RBC), they have programs to enable Canadians to borrow in the U.S.A. to purchase real estate.  

Having the owner hold all or most would enable me to invest more money into the business initially.

I'm hoping that a FHA or 203K loan will enable me to acquire a great deal after I find one.I'm looking forward to connecting with you guys and would appreciate any tips about how to determine which neighborhood to choose when considering buying a small multi-family unit.

No pressure;) But the point is it can be done, and I know IBD (and 'platforms' like TC2000) are good enablers.

He/she will be able to help you construct a plan that will enable you to reach your short-term goals with the resources to sustain you and get you working successfully toward your long-term goals.

Is it normal for agent to give lockbox code to enable a potential buyer to take a look at vacant listed foreclosure properties?

I did not do anything except do repairs that were needed including a new roof 1 year that whipped out profits for a while.I got the discounted value because they also had a "right to buy" program which enabled the local authorities to sell of properties that they once owned.

Do I need to file the LLC in both our names to enable us to take full tax advantage?