We hope to do 10 properties over the next 18 months.I know that an LLC can make the designation with the IRS to file as an individual or as an s-corp.

I have done many deals that individually provided rewards greater than $4,000.

If, OTOH, you use a commercialized site that is just "reselling" and repackaging a report from the big three, they take a cut....usually about $10 or more per individual.

If you do not create the business vehicle before the closing the loan and the property will be in your individual name.

Anyways, back on subject:So i guess the only way to truly know is by each individual deal.

WH.....this is good, but again i am thinking on a couple things here, only wanting to make things flow as simply as possible with little to no gliches at the end of the transaction....i'll try to explain what i mean and maybe i'm speaking for many out there that are making some attempt to find success in this endeavor....in regard only to a short sale transaction the following occurs:property owner (let's call this person the "seller") allows for an individual (let's call this person the "buyer") to "purchase" the property merely for the sake of the "buyer" moving forward to deal with the loss mit people at the lender.as time moves along, this "buyer" gets written confirmation of the lender accepting the "price" offered via the customery HUD-1.now let's say for illustration purposes the "approved" price the lender has agreed to is $250000, the value of the property seems to be in the neighborhood of $350000 and the "buyer" wants to "double escrow" this bad boy for $300000 (generating a clean $50K profit)......in this illustration/scenario the question remains: "what is the cleanest, simplist" way to accomplish this?

Anyway, here is what I found on KPMG Canada site.An individual has the most control over their credit bureau report.

On the settlement statement the psychology in my mind was seeing it as a bill.I had calculated it and been looking at each number individually on my sheets as closing cost, $ from savings, and $ from HELOC.

I have had individual sellers question the clause but I never had them object to it. 8)

Short sales are not new if you understand banking but they were not all that common for individual RE investors.