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All Forum Posts by: Mike Gasper

Mike Gasper has started 12 posts and replied 22 times.

Post: I am looking for a liability policy for flips?`

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

Just looking for liability only for high volume flips.

Post: I am looking for a liability policy for flips?`

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

What options is there out there for high volume flippers? Looking for something other then NREIG. Thanks!!!

Post: Bought a second at auction, how do I pay off the first

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

Ron,

Here is the big question, how do we figure out who their legal counsel is? This is not something that is easily shared? Got any suggestion?

Post: Bought a second at auction, how do I pay off the first

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

Thanks Ron, much appreciated. 

Post: Bought a second at auction, how do I pay off the first

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

Lender of 1st will not give me any info since I am not the borrower of the first. Any suggestions?

This question is for previous ones that were in process and new ones. Thanks

Post: Best site to get notice of sale info?

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

What are the best sites to use for California data? Other then radar can someone suggest better ones?

Post: Remove solar lien after trustee sale

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

Solar Mosaic is doing the same thing to me, I can't close with my buyer. They are refusing to removal the solar. Has anyone had a solution to this issue? 

Post: How should I strucure the sale of 15 single family homes?

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

Dave,

 Thanks for your excellent reply.

 So here is my plan. I already have the land ready to go. I am planning to pay for it myself and then sell some houses to cover the cost of the land doing a 1031 reverse.  While this is all going on I am going to get plans ready and approved to build on the land. Once my exchange is complete can I do a 1031 construction on the land? Selling more houses to fund the construction or as much of it that I can?

It's not going to be easy but if all my timing is right I may be ok.

Post: How should I strucure the sale of 15 single family homes?

Mike GasperPosted
  • San Diego , Ca
  • Posts 22
  • Votes 3

Question? Can I do a reverse exchange for the land? Buy the land now and then sell off enough properties to cover the price of the land and then do a 1031 construction exchange to build on the property with proceeds from the sale of the properties?