Buy and Hold strategy with 10 doors - looking for partners and contacts to take business to next level.

There are many products and strategies you can take in Memphis and I will be happy to share with you our program and how we have seen returns int he mid-teens for years now. 

Wholesaling is definitely not as prevalent in Canada and there are certainly not as many foreclosures / bank owned homes as the USA As for flipping, strategies those can be fairly similar such as the 70% ruleTaxes and legal stuff is different as well The concepts are similar and the strategies can also be similar

@Jen TeskeIt just depends on your strategy and opportunity costs.

I have pics but it's all ugly demo pics and not completely finished pics.Future plans are to keep building my portfolio, possibly using FHA strategies, or possibly commercial.Anyways I thought I'd get on here and say hi to everyone here.  

Hey Brian typically lenders do not honor assignment fees but i have a new strategy that will guarentee you get paid your proceeds by a lender.

Great to hear from another newbie in the area and maybe we can make contact in the near future to learn a bit about each other's strategies.  

Education is a lifestyle, so I am hoping to connect with like minded men and women so we can share ideas, strategies, and connections.

I am trying different strategy and want to work with wholesalers or network with them.

I was looking to do a cash-out refi to take money out while locking in lower rates, but now that the properties are in the S-Corp, I am unable to transfer back into my name to refi without creating a taxable event.I am wondering if there are any strategies to moving these out in a tax advantaged way (I expect there will be some cost to doing so).Some strategies that have come up in other conversations are:1) Form LLC and issue a note to the S Corp with the properties as collateral... then if S Corp defaults on the note... the properties will be transferred with out triggering taxes (although cost basis would remain the same)2) Have appraiser apply discounted valuations on properties due to lack of marketability (I am only a 50% owner of the S-Corp).