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I wouldn't recommend an offshore corporation, unless you are
actually doing business in the country where incorporated.
If the IRS somehow finds out about it, you will be red flagged and
they will watch you closely for years to come.
Though incorporating won't get you a house (unless you establish
good credit through the corporation and buy a house in the corporate
name), incorporating any business in nevada has many advantages.
Form the corporation, file for subchapter S status, and you're all set.
Do a google search for "incorporating in nevada"
for more information.
As a side note...you don't need good credit to buy a house.
You will just pay a higher interest rate than a better qualified buyer.
A good mortgage broker can get anyone financed if the
numbers are right. With rough credit, you can still probably get
a 75% loan. So you need to find a house that appraises for
$100,000, and can be acquired for around $75,000.
I know this may sound silly to some people, but deals like this
are out there...you just have to look a little harder.
I have found many over the years.
Don't give up, be persistent, and you will get a house.
Bob
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