Wow - did you see XYZ syndicator who owned 123 Main St was foreclosed on the deal and the property was taken back by the lender?

Quote from @Kevin Sobilo: Quote from @Jason Bohling: @Sean Gallagher I look at CoC/Return on Investment but main focus is on Internal Rate of Return (IRR).

In real estate, the biggest hurdles are often the ones you least expect—and sometimes, they’re as small as a crystal doorknob.Back in 2019, a simple set of crystal doorknobs nearly cost us a $25,000 deal on a home on Burgess Street.

Do you get reports from Evolve telling you what channels you mainly get your bookings from?  

This is actually one of the main reasons many agents and investors may not like them generally speaking (they are often not serious professionals with a proven track record of success, the vast majority are struggling to find their first deal and are time-wasters to interact with).   

@Gary R UrenIf the property is zoned for only one home you most likely will not be able to do thisPossibly it could be 123 main st unit a vs b but that is a post office issue and good luck dealing with the post office on this issueI would talk to them and put to mailboxes in the front and see if they can separate it by A and B unit

I think @Sean Graham would be able to help you on specifics of if your intended replacement property will have enough 1245 assets.If you want we can hop on a call and go through all of the hurdles. requirements and timelines for a 1031.

The main investor did quite well on the deal too.

Remaining Mortgage: 152K.I currently have about 50K in cash.My main thought was to find a cash flowing rental in the 150-200K mark and use my entire HELOC on property A to fund it. 

My questions are many... but the main ones are a) how would an unemployed person like me extract my ex-'s share of equity to get them out of the property?