I have done customer presentations with my iPad and Keynote and the 4S is essentially the same hardware.

All liens, claims, etc are paid off and/or protected against, so basically you're getting a house with a perfectly clean title and no liability issues (there is always some risk, but no more with an REO than any other property you might purchase).- Generally, REOs are going to need more renovation than a house you purchase from a retail seller.

It would seem if this bill passes that it would be worth marketing to these potential customers.

The trouble is that 2 of 4 members of the fund also participate in the partnership doing the development so there is a bit of a conflict and I could see how a disgruntled investor would claim things were constructed to somehow circumvent the rules.

I found this quote today on the blog of another company here in Memphis:“The uptick is attributed to a continued intensely low rates, a strong register that accommodates a incomparable customer bottom and sellers’ coherence in negotiating a transaction,” Dickson said.

I have only been a customer with this bank for 3 years (the only rental property I have with them I just bought 4 months ago).

With 1st position lien, with an insurance policy at full replacement value (usually 1.6-1.8% of loan amount), and by a signed executable quit claim deed should the borrower fall 30 days behind payment.

The bank will use what you're claiming to IRS before they take a representation from you unfortunately.

But, I do not have the cash to be claiming a cash buy.

I was strictly replying to Steven's claim that managing ones own rental makes piercing the corporate veil rather easy (look at the part I quoted).