An investor that sets up a business will have more tax deductions as well and how that business is organized can make a difference.You also might want to check out the chamber of commerce or other networking groups.

You guys are being too kind by calling your "historical" districts... historical.Based on most of the idiocy I have seen come out of these organizations (they all remind of sad people who are powerless in every other part of their life) I affectionately refer to the as "hysterical" societies.Eddie...

Should he transfer it to the corp at the $120K value (80K acquisition + billable re-hab) and then re sell it as the corp for less than the 20% increase per FHA rules?

Then you can close on the deal and resell it or if the contract is assignable you can sell your contract to a cash buyer.

One of the bigger organizations that is promoting mixed-use is the International Council of Shopping Centers (icsc.org).

I have a new program I just started where I am teaching a very small select group of students (some from BP) how to do exactly what I am doing - buying REO's at steep disocunts, rehabbing them, and reselling them to end users (retaiing) in markets that are condusive to such a strategy.They are paying me (not the ridiculous guru fees at bootcamps) and they are receiving real education, hands on, from start to finish.

That is 100k in profit potential, less re-sell/holding costs.I have a ton of photos for all interested and will post some in my photo galleriy on my profile.Serious rehab investors with cash only!

Buying at auction, fix up, reselling, repo.

The trick is to get the bank to sell it for 80% of distressed value and resell it for 90% of retail value.You know the value is determined by the BPO agent.

If you're adding 5% to the price you paid them and reselling it, they see that 5% as money that's rightfully theirs.The lender on the second transaction will question what happened in one day to increase they price.