The IRS will have an imputed interest rate on any note or installment contract for tax purposes, she would have to be a non-profit for the IRS not to place an interest on such a transaction.This just shouts preditory schemes to me, as to how you can end up with a property after the seller dies and stop paying....In all of this time spent trying to answer your questions I'm really disappointed to see that you have not come further than you have indicated, seems many of us have been wasting our time.

Do a quick search of our forums and you will see many threads talking about Nevada corporations.I will simply say that it is a waste of your funds unless you are doing business there.

Well it seems the plan was solid, but unfortunately the quad is a no go.

Why waste your time with prospects who will have already found a place while you're still rehabbing?

I'm typically a cash flow investor concentrating on solid CoC returns with acceptable risk so continue to generate new downpayments from within.

Do not pay anyone to do that, its a waste of money.

It's wasteful spending such as this that drives the cost of everything the government does through the roof.

Low balance retail strip centers with no solid anchor tenant does come with some potential vacancy loss and rental rate loss when tenants turnover.

DON'T bother paying for any of the certified docs, it's a waste.

I explain that I'm an investor, and that if they can't provide very competitive price (along with quality work), they shouldn't waste their time bidding the job.