. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ http://www.iht.com/articles/2008/09/07/business/fannie.php The U.S. government's planned takeover of Fannie Mae and Freddie Mac came together hurriedly after advisers poring over the companies' books for the Treasury Department concluded that Freddie's accounting methods had overstated its capital cushion, according to regulatory officials briefed on the matter.

Unfortunately, if government lets the whole system just collapse--which is what you're suggesting above--the pain will be acute to the entire nation and the world.So certain priorities must be chosen and the priority is for owner occupant properties--not entrepreneurial purchases of real estate.Here is where your ability to put your life in perspective comes in.

There will always be rich who can afford such things.Of late - the little people have ALSO been able to afford such things with the great prosperity American has seen and the way Americans have chosen to run there lives.

If you don't pay any taxes due by the 4/15 deadline then you get hit with penalties and interest.BTW, I have a brother-in-law who is an IRS auditor, filing late absolutely does reduce your chances of a randomly chosen audit.

If you incorporate federally your chosen name is protected across the country and you can operate your business in any province you register in.

What ever you do, be sure to have a good paint respoerator, eye protection and clothes that can protect your skin pores when first working in the area.

While we make money from advertising, we've chosen to help investors by providing the info and tools they need for free.

All it will take is for you to learn more about your chosen area(s) of interest so just kick back, relax and read through the advice we have here.

Just do a rough calculation (your cash X 4) to determine if you can even consider getting into commercial properties.Evaluate your cash, do a market analysis for your chosen niche in commerical real estate (gotta have tenants), and then go search interest rates.

Can I consult with a Realtor and pay them a "consultation fee" during this process or would it be better to just let my real estate lawyer (whom I have not chosen yet) be the person to guide me?