Even if the house was built very similarly to what was there before it would have a greater value because the home would be essentially brand new with no depreciation.

., fewer than three branches) there's essentially no chance of a typical small investor getting access to deals directly through the asset manager.Banks recognize that they will get the highest price for their properties when the properties are listed publicly, which is why you need to work through the listing agent.In terms of your question, it really depends -- I've purchased REOs for 20% above list price and I've purchased them for 40% below list price, and everywhere in between.

If you are the single owner of the business entity and it's a new business, the only thing the bank is going to care about is your personal financial history and your personal ability to repay, as the business is essentially you.So, if your FICO is low, you don't have any cash reserves, and you don't have much experience investing, it's unlikely the banks are going to be willing to loan to you -- whether personally or through a business entity.If you want to work with a local bank that makes portfolio loans, it's generally important to have at least 3 of the following 4 things:- Good Credit- Down-Payment Funds- Experience- A Great DealSo, I would start working on achieving at least a few of those things...the rest will then fall into place...

Essentially because our properties are of equal value, but his a much more attractive from the investment side.

It's amazing how things fall into place AFTER you take ACTION.I now own thirty rentals and still haven't figured out how to make serious money.I have learned more about investing in the past year by reading in Bigger Pockets than I have in twenty years of hands on with no continuing education.I essentially bought myself a job, but I totally enjoy being self employed and the variety it offers.

Subtract the 2400 profit he made by collecting rent, and you have $3381.81 that he can deduct - so essentially just by having this rental property he is shielding 3381.81 of his salary from his regular job, from being taxed.

a vanity number or something easy to remember like 333-1234 is essential to people remembering your number however, as they drive fast lol.

I'm not impressed when the ultra-rich want to tax those who are essentially middle class or building wealth.

Using the Family Trust the AB side of the transaction is actually not a "Real Estate Transaction" it is actually a "Personal Property Transaction" we then take care of all back liens on the property and essentially "rehab" the title.

So, essentially it's close to a wash if the projection pans out.