@Joshua Lee Wegner There is always a way to make a deal work...it just sounds like this may be a lost cause...foreclosures are pretty quick now that there is very little backlog.What is the lien balance?

Hi everyone, I have quick question, bought a propoerty on 03/2018, ever since then I have a lot repairs and is not cash flowing, will there be any short term tax involved if i want to sale now on 08/2018Thanks

It was an in-house loan so they approved it pretty quickly, about 3 weeks total.Hope that helps!

I see that you just bought a MFR property in the area - very cool and encouraging to see that happening right now. 

He wants a quick close? 

Premise being here whether the quick refi immediately after the purchase can allow the loan to be treated as an acquisition loan, rather than a cash out refi.  

As a community i bet we would all crowdfund a project with a quick turnaround (3-6 months) in between our deals for a reasonable return (5-10% depending the experience of the developer)2.

encourage you" to be sure that when the current tenant leaves that you rent the place out to another Section 8 tenant.    

THEY will not have a sale and closing that quickly if they cancel 

Thanks for the encouragement on greys harbor.