Looking at the numbers the first one would be ideal since there is more equity in there but if it were me I would find better deals than those though.

I think people should run their business as they see fit.

I think we would like to create some entity to use for our next purchase and ideally place the existing property into.Any suggestions?

Looking for an ideal holiday home?

Any ideals on how to reach more receivers and or banks before they go into receivership?

If you were to purchase the home to stop a foreclosure ( or for whatever reason), this would not fit into those parameters.

I know there are ideal deals out there and you have to find the right one and not fall in love with 1 particular house.

Looks like this would fit the definition of a "Straw Buyer" to me.This is a serious situation that you do not want to be a part of, no matter how great of a deal you might have.

Set up a time to meet with them, let them know your goals, ask them lots of questions and see if they fit you and your business.

The bank loans at a significantly lower rate than most private lenders and it's relatively hassle free getting a commercial loan (once you know what paperwork they require).If you're doing quick flips, a commercial line of credit is ideal.