Either way, if I may say so myself, there is absolutely no substitute for in-depth research.I have seen enough successes (and failures) to be able to say with confidence that the conscientious investor can make very good money in delinquent real estate.BTW, is there a way to continue this thread in the section of the forum that focuses on the topic being discussed here?

The people on this site don't like sales pitches, nor do they like manipulative people.

Here is an article that goes into much more depth on the issue: http://www.exeterco.com/holding_guidelines_for_1031_exchange_property.aspx.

Hi there ok I found a motivated sellerThe reason she selling it is because of pending bank foreclosureAsking Price is $465,000Market Value is $571,000Here Some More Info:Style: BrownstoneExterior Condition: High Average Exterior Wall: MasonryLot Frontage: 17.83ftLot Depth: 100.00ft Lot Shape: Regular Lot Square Footage: 1,783Finished Sq.Footage: 2,139 Residential Units: 2 Commercial Units: 0 Commercial Sq.

Things need to fall in place, it can be difficult to design and manipulate the seller and an end buyer to make thins work.

It is not an in depth study but an overview.You'll look at economic and business cycles, start ups to mature business operations.

Elizabeth ColegroveThanks very much for the insight, I am doing a bit more in-depth investigation using the rule!

I have only heard that kind of earnest money if it is an REO...are you sure you are familiar with this in depth, this doesn't sound right....Also why would i sell a contract for $20?

That is the thing, you have ot do your homework on how to do it and to many just blow right through the part about educating themselves on the process.I hope to meet you at some networking events soon here in Chicago for a more in depth discussion.

Lots of in-depth discussion about REI in the Austin MSA.