You can secure the property with a promissory note drafted by a lawyer or a title company, but keep in mind that “taking back the property with the note” as it is often pitched by gurus is not always actually that simple.

Hi Xavien,You’ve raised an excellent and often overlooked point about the benefits of business credit, particularly for real estate investors.

Choosing the wrong 1031 Exchange Qualified Intermediary to administer your 1031 Exchange could be a very expensive mistake due to the Qualified Intermediary's critical fiduciary responsibilities and obligations through out your 1031 Exchange transaction.You may focus all too often on issues such as size of the Qualified Intermediary, 1031 Exchange fees, interest rates paid, turn around times, branch office locations, and the like, when interviewing potential 1031 Exchange Qualified Intermediaries.

You might want to check with local credit unions or community banks, as they’re often more flexible with second mortgages. 

In this area, the two soils engineers I've used most often are McDowell and Associates, and Soils and Materials Engineers (SME) - but I don't know if they have branch offices in the area near your problem site.Best of luck with it!

@Michael Perry these can often be very good opportunities for owner occupants.

Avoid areas with high vacancy rates or declining property values, often concentrated in certain inner-city neighborhoods.Since you’re out of state, building a local team is crucial.

Surprisingly, you get a good mix of tenants.

And if it’s somewhere my husband and I often travel to, we may even book it sometime.Also would be curious to get some financial breakdown if you are willing to share.

.- Would you be requiring custom changes often to your digital workflow?