probably create llc or corp to buy property to limit liabilities to your business and for tax considerations.

I talked to some other business owners and they both recommended creating another LLC that would employ the workers.

Short (or buy) the second for pennies, and create your equity there.

That isn't a bad idea, but it will just create one job in order for you to get the deal.

My lawyer just created a mortgage release for me for 100 bucks.

$1,000,000So in speaking about financial independence, I offer a quote from Dante's Paradise Lost "The mind in and of itself is it's own place, and in that place it can create a heaven from hell, or a hell from heaven."

`(b) Purpose- The purpose of the HOPE for Homeowners Program is--`(1) to create an FHA program, participation in which is voluntary on the part of homeowners and existing loan holders to insure refinanced loans for distressed borrowers to support long-term, sustainable homeownership;`(2) to allow homeowners to avoid foreclosure by reducing the principle balance outstanding, and interest rate charged, on their mortgages;`(3) to help stabilize and provide confidence in mortgage markets by bringing transparency to the value of assets based on mortgage assets;`(4) to target mortgage assistance under this section to homeowners for their principal residence;`(5) to enhance the administrative capacity of the FHA to carry out its expanded role under the HOPE for Homeowners Program;`(6) to ensure the HOPE for Homeowners Program remains in effect only for as long as is necessary to provide stability to the housing market; and`(7) to provide servicers of delinquent mortgages with additional methods and approaches to avoid foreclosure.

The concept seems (at least on the surface) like it would work quite well in this market.In it's new form, he has three levels (Free, Gold, Platinum)New Form:It is the Platinum level where an investor can flip.IP = Buy at discount, Sell at appraised (to Buyer with down to 500Fico), Assign contract, Seller creates Note...

I just created a new post to see if anyone has ever experienced an accelerated note because they transferred title and the bank enforced the due in sale clause.

I've been studying like crazy but I need all the advise I can get.I'd like to start with wholesaling to create some income and cash flow first.I'm considering these markets: NYC, Bridgeport/Fairfield/Stamford CT/So.Cal/Miami, FLI'm willing to relocate and drive a cab if that's what it takes to make this work.A million thanks, Mark B.