I host meetups and would be happy to connect you with the right people to guide you through that 1031 process. 

Quote from @Jamie Banks: Here's a few things I include in my MTR lease- Utility caps- Outline of the furniture that is included- Details regarding which utilities are included- Outline who is responsible for lawn care / snow removal- List of fees (admin fee, cleaning fee, etc) Hi Jamie! 

Banks buy and sell those all the time.I think you're saying you have a borrower who has negotiated with the bank to purchase their note from the bank.

Did you use a local bank that agreed to a Seller Carry in second position?

You typically need up to two years of stable employment before a bank will loan to you.

@Jonathan Small government actions have led to an unprecedented 40% increase in the money supply, 50-year record inflation, record increase in interest rates, bank failures, credit tightening, CRE recession, housing affordability issues, mobility issues, inventory issues, and massive impacts to the world economies, every investment class, and our families, kids, and friends like never before. 

After I placed the 5 day notice on her front door, she text me the next and said she would pay the full amount so I told her to go to the bank and deposit it and she did so we are back in business.

Also, why pay 3 times the price of a house to the bank?

I can do this by networking, hosting a monthly meetup for investors, and offering a coaching program.How about you?

The bank can not do a "precautionary foreclosure" on you.