And then they use this LLC to participate in our SPE?

Determine your tax rate. by Find out whether your rental business is classified as passive or non-passive, and determine whether the property owner is an active participant.2.

Hey Dale,I've never had much trouble finding financial institutions that will do rehab loan products.

The government can place a tax lien on the property and force a sale where the lending institution would have to defend the lien.

Are you buying from a private seller or an institution?

Do keep reading and participating in the forums.You might also find a local, seasoned, successful real estate investor and see if s/he will allow to you to tag along and learn in exchange for offering some skill (accounting, carpentry, landscaping, etc) you can contribute ... or, general labour.

Hi Matthew, Did you ever connect with the Real Estate Knowledge Institute?

If you're in a really high cost area, like Brooklyn, then some of the larger local institutions will have First Time Home Buyer programs that can get you into those higher mortgage amounts with very low down payments especially if you have great credit.

Thanks and I’m looking forward to participating in this forum :)

Otherwise you can go after institutional investors if your deal is big enough.