If so, I'm assuming if you fix it up, you can reprice and make profit.Thanks,Al

Hey spizzo-I'm assuming you're referring to Keller Williams...Oddly enough, I recently attended the open house (for one of their new branch offices) in Midtown Atlanta and I can honestly say I was blown away by not only the office itself, but the people were just incredible.

Every loan out there is 100% assumable with out lender knowledge or permission, pretty cool huh.

In today's world where lenders are looking at past deals it could come back and bite you really badly.As the information was posted publicly assume there is a public record, stored on back up servers and other places.

Assuming you have done your due diligence as to use etc and feasibility.

Banks and courts assume you know what you're doing and they are not training ground.Read as much here as you can and work you way up to the big deals and you'll be safe.

Until then, like many people, I just assumed there would always be a paycheck, and that there would always be time to plan for my future.

I'm not sure what exit strategies would consist of but I'm assuming it includes being able to unload the property or offering a lease option?

Also we were looking into the theory of starting a C-Corp in addition to the LLC, possibly in Nevada or Delaware and assuming our real estate investments turn a profit we could divert some of this income towards the C-Corp as a property management fee.Any theories or experiences good or bad relating to some of this.

That fits in fairly well with my goals for investing in real estate.I assume that these percentages are based on the cost to buy from the first page - which in this case is > $60k.