To find out if you can get a second you'll just need to call around to some Colorado banks and see if they'll allow it. 1stBank is usually a good first bet since they do more portfolio lending and may be able to work something for you.

If I approached this loan with a co-signer who has an impeccable credit score and hefty net worth, would I be granted an FHA loan?

Anyways he is a successful real estate investor in the Denver, CO metro area.

To set the stage, my business partner and I sinvested 50/50 on 3 single family homes in Colorado Springs this year at the age of 25 (average purchase price of 230k-240k).

As a matter of fact, I  have been doing the co-wholesaling business with a few local partners.

Does anyone have experience purchasing reperforming 2nds from PPR Note Co?  

As a side note I knew an elderly gentleman that said when he worked on ships, he and his co-workers would have asbestos snowball fights

Did you get a bid from the electrician on what it would cost for the change.. and also what power co would charge to install service meter..

Topsail is definitely more affordable than New Hanover Co beach homes...  

Paul,Miss understood the Personal part, so basically in the end you are paying tax on the income you get paid from the "salary" you take out from the Canadian co. so you will be taxed at the personal level in Canada ( reduce that as much as you can), your corp. will not be taxed for the income and the houses will not make any money. i can not see why you could not do that, you will have to figure the interest rate to allow enough profit to pay bills and to be able to claim the deductions against the income. do not think you can show negative results every year, that's an IRS red flag right there.