Hello Everyone,My name is Wes Fontaine and I own a construction/development company in northwest Florida.

I was thinking about contacting developers, and seeing if someone would like to partner.

There is a new one for commercial properties I just did an interview with the owner/developer of:acrescout.comAnother interesting site is energizedseller.com but can't remember if you can post listings there or just create an agent profile.

As far as a 1099 yes the lender will write off the loss and send the debtor a 1099 (almost always) which is treated as income and taxable by the debtor… However, there is a new law that just went into effect and under the right circumstances it makes it so the lender can not 1099 the debtor.

I once purchased a condo from a developer/converter who, because of 1031 Exchange rules, had to maintain ownership of at least 25% of the units in his 100 unit building for at least a year before selling.

, and I introduced myself a few months back, but I wanted to do it again, as I think I have more clarity in where I'm heading now with RE investing (at least over the next 6-9 months) and wanted to share that.I'm a newbie investor, focused on becoming a great wholesaler, with a longer-term desire to be a buy-and hold investor and develop more sophisticated skillsets (lease options, foreclosures, sub-2, etc.).

Thanks Bigger Pockets and all of its users for sharing the information that has quickly helped me develop as an Agent in the REO market.

If there is no sale we'll be looking for the largest box we can find to live in as there is no way (that I know of) to get enough funds to buy a home on the other end; we qualify for about $40k under our current circumstances as I am carrying a lot of debt from business charges on credit cards for our start-up business which has not started to pay me back for anything to this point.

Hey guys.I'm developing my overall business plan and have a few questions.

A new house cat from Portland, OR just learning as a property locator for a private investor, real estate developer, and former broker of 19 years.He has taught me alot of common sense!