As the real estate foreclosure situation has escalated from being a “problem” into a “crisis”, a select group of people will capitalize on this opportunity in the midst of all the chaos.

Corporate ownership allows you to limit your liability and also gives you the opportunity to transfer the ownership interest without triggering local real estate transfer taxes.

By doing a little research online or speaking with a real estate agent will reveal a number of different things that a homeowner can do, or apply for, in order to stay in their home.

During these times of high unemployment and a shocking number of foreclosures, the latest thing homeowners must beware of are loan modification scams.

Present proof of current and future expected income plus a financial statement illustrating your expenses, which will help the lender estimate your ability to make the modified payments in time.

These are the fees that are taken out of your investment before the money is invested in any real estate or asset.

Having advice from other people who have already done hundreds of deals will also make it easier for you to learn from other people’s success (and failure).

You also learn to recognize a deal (or a dud) faster, which gives you more time to do more business or spend more time with your family.

Professional real estate investors will interpret market indicators, such as the average length of time houses are sitting on the market this month versus last month or last year.

You can then ask for the $200,000 when the market rebounds, and you will have just made $70,000 profit in a few years, a much better yield than you can ever make in any other type of investment.

The plan is to find undervalued properties, rehab them, present them in an attractive manner, and sell them for a reasonable profit.

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