Lokesh,My FICO.com is run by the Fair Issac Corporation.

It gives her a good opportunity to learn on the job.Also, I expect whoever makes this loan is likely not in real estate and probably a corporate 9-5er with extra cash and looking for something more agressive than a mutual fund or bank CD.

Hey Mike,I am just getting started as well and just read Garrett Sutton's Own Your Own Corporation.

Like a dog chasing its tail, corporate credit alone won't get you anywhere.

Usually a quick look at the photos of the kitchen also tell you if it's a flip.Once the neighborhoods have been identified, you can use a polygon mapping tool to enclose the neighborhood on the map, then you can add icons to show all *other* current sales/listings/pendings (these would be your distressed sellers: lender/corporate owned, short sales, and estate sales).

A client of mine recently put in an offer on a Bank of America property that was listed as "Active-with other contingency."

The term 'pierced the corporate veil' means the protection of an LLC has been voided.

I could but a fixer up duplex, occupy one half, rent the other and make improvements over a couple years.It may be difficult to get a mortgage with my financial situation, owning a corporation, writing off anything that is related to business, not paying myself much.

The courses are likely more tailored to those who will be working in the corporate real estate world - or already are.

The key is to be flipping in an S-Corp or an LLC taxed as an S-Corp (they are the same from the IRS' standpoint).You'll be required to pay yourself a reasonable salary, which will incur self-employment taxes, but anything over and above the reasonable salary can be distributed to you as a dividend, which will not be subject to self-employment tax.So, if you're generating profit over-and-above reasonable salary, you'll save money doing it this way as opposed to in your personal name.