If your "Business" is a corporation, LLC or other type of entity separate from yourself then absolutely any money paid to the company should go into it's own account.You put the deals under contract in your name.

Question: when you are looking at the quality of the investment, and say the Dollar type stores are horrible investments and the Applebee's (DineEquity) are good investments are you layering in the corporate risk?

It's $1.7M, and I only need this amount...I'm thinking $605 - $610 for closing costs [title company and due diligence, legal fees, renewing my corporation paperwork, etc.]."

All in this has summed up to about 12 years experience owning and land-lording . . . really as an afterthought as I got my full time corporate career going.I'm currently in the process of selling my primary residence as well as my rental unit in Virginia, and it's made me realize that I love this business and want to devote more mindshare to it.My goal is to buy and hold in Philadelphia and the surrounding area, generating some cash flow.

I have been on here for about a month and don't believe I have introduced myself...I am from Minnesota but got transferred to Indianapolis for my corporate position now 3 years ago.

I want to get out of the corporate rat race at some point and aquiring solid assets seems to be a good way to get there.

The tax lien foreclosure packet say that it does not cover corporations.

There's also the whole corporate veil idea.

Ask if they know anything coming up for sale.To find out the REO brokers search Zillow.com filter lowest price to highest look for keywords vacant, bank owned and corporately owned they are likely REO's.

Below is my scenario and questions or direction we could use help with.Our situation:Primary residence mortgage under both our names at ~95% loan to value (PMI is being paid)$100k capital to invest at this pointCould save/invest only about $5-7k per year from our current incomeGoal is to create passive income down the road to free us up from the corporate chains, maximize our current capital, and do so as quickly as we can.