That rate will end up being quite high.

This does happen quite a bit on the commercial side from what I hear.

The concept seems (at least on the surface) like it would work quite well in this market.In it's new form, he has three levels (Free, Gold, Platinum)New Form:It is the Platinum level where an investor can flip.IP = Buy at discount, Sell at appraised (to Buyer with down to 500Fico), Assign contract, Seller creates Note...

The "depreciation" and mortgage interest writeoffs can save quite a bit.If I invest in say mexican or canadian real estate will I lose those nice tax writeoffs that I know US real estate has, or does it apply to real estate in any country?

Man, the media will eat it up.

PMI can be very expensive based on the mortgage value and add quite a bit to your monthly payment for no return (other than getting the home you want).Cash out mortgages are harder to get nowadays, but doable.

I would invest in townhomes and single family homes only (for residential).Condos are tougher to rent out, the condo dues eat into the cash flow and and if you have a bad association it can make life miserable.However, if you do buy a condo make sure it is a 3 bedroom......never buy a 1 or 2 bedroom.

Prices have fallen quite a bit from their peaks.

My intent was always to get the property in my name then do a quit claim deed to the LLC.

His advice was get a loan in my name, and quit claim it to the LLC.