Here are some ideas on NOTHING DOWN transactions:Control and roll formula - settlement is within 7 weeks - the deal is all cash - "as is" with no out contingencies with the buyer paying all transfer cost.Friendly Joint Venture - Raise investment capital by harnessing the power of numbers.

Don't pierce the corporate Veil: This can occur if the entity either is poorly capitalized.Inadequate Initial funding of the entityor fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books)Conversion of entities Assets for Personal BenefitAnother factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.As you earn more income from flipping business, you should definitely elect to S-corp to save on SE tax. but if you are not making around 80k Plus, the benefits are outweighed by the complexity and expenses of maintaining it

These are expenses an EMPLOYEE has that their employer does not reimburse. 

@David Khalfin A lot of what you read says MFH is better than sfh but I say start with SFH then move up ASAPAfter over a few hundred investor consultants over the past couple years here is what I tell W2 employees.

Remember that if there is a market crash coming soon, A properties will be the most affected because A tenants are high paid employees so they will be the first to get laid off!

I'm trying to get to a place where all my processes and workflows are built into and forced in the software so employees cant mess up, the software moves actions through the pipeline with and without humans.

However, the deduction won't be widely available to commercial real estate firms or partnerships that rely on "contractors" rather than "employees."

But I’ve also seen houses in the area that have been fixed up and either listed or sold in the 120-150k range so there could be flip opportunities but the demand doesn’t appear to be that strong yet.Also, being the streets out to 52nd street are being labeled as university city area... employees of universities are being offered programs to purchase homesHope this helps..

@Mindy Jensen The Solo 401k does require that you have self-employment activity, but also that you do not have any full time non-owner W2 employees.

(b) A foreclosure consultant does not include any of the following:(1) A person licensed to practice law in this state when the person renders service in the course of his or her practice as an attorney at law.(2) A person licensed under Division 3 (commencing with Section 12000) of the Financial Code when the person is acting as a prorater as defined therein.(3) A person licensed under Part 1 (commencing with Section 10000) of Division 4 of the Business and Professions Code when the person is acting under the authority of that license, as described in Section 10131 or 10131.1 of the Business and Professions Code.(4) A person licensed under Chapter 1 (commencing with Section 5000) of Division 3 of the Business and Professions Code when the person is acting in any capacity for which the person is licensed under those provisions.(5) A person or his or her authorized agent acting under the express authority or written approval of the Department of Housing and Urban Development or other department or agency of the United States or this state to provide services.(6) A person who holds or is owed an obligation secured by a lien on any residence in foreclosure when the person performs services in connection with this obligation or lien.(7) Any person licensed to make loans pursuant to Division 9 (commencing with Section 22000) of the Financial Code when the person is acting under the authority of that license.(8) Any person or entity doing business under any law of this state, or of the United States relating to banks, trust companies, savings and loan associations, industrial loan companies, pension trusts, credit unions, insurance companies, or any person or entity authorized under the laws of this state to conduct a title or escrow business, or a mortgagee which is a United States Department of Housing and Urban Development approved mortgagee and any subsidiary or affiliate of the above, and any agent or employee of the above while engaged in the business of these persons or entities.(9) A person licensed as a residential mortgage lender or servicer pursuant to Division 20 (commencing with Section 50000) of the Financial Code, when acting under the authority of that license.