This is between the corp tax rate of 15% and the individual rates.

This is a great place to meet more like mined individuals that can share their knowledge and experience with you.

Someone to help you look at deals and if auctions are your thing, someone to teach you that process.

.* I do not know anything about how to evaluate real estate values (but I think I can learn), or the costs of renovation.All that said, I believe that I could be successful in scouring near and far for properties with equity that could be purchased or optioned at attractive prices IF I can partner up with investors with cash and with individuals who know how to renovate cost effectively.

For the banks more than individuals.

Sure would be nice to have a clear cut answer to that, but there is not.There are too many variables involved, remaing term, credit, seasoning and proven payment history, collateral, loan to value, property condition and the details of the contract including the security assignement and foreclsoure process.Best to get bids, and look in your area for other investors, including those who buy RE, your best deal might well be from a local individual looking for a good investment.

But not charging any fee doesn't open the door to act as an originator, broker or lender, especially for others.Again, there are instances where such a note may be required to be sold by an individual holder.

We are going to join our local REIA in our area for further education and to network with other like minded individuals and investors as soon as the next meeting comes around.

So glad to have found this amazing group of individuals who are willing to share such valuable insights.

Send them a letter or google them.google has a wealth of info on individuals (you'd be surprised).If your not afraid of being leveraged.....look for distressed properties where Hard money numbers would make sense (Less out of pocket, especially important once you have 4 mortgages and have to put 25% down instead of the standard 20%).