Received a call from tenants alleged  mother stating that her daughter had passed away.

@Cameron Tope Lima one did fixed 30 year permanent mortgages for us.

As Cameron mentioned above, it's common to Quit Claim the property out of the LLC into your personal name in order to refinance. 

Next time, I plan to utilize the 1031 exchange; got to learn what that is first.Since I am an experienced realtor in Moore County, NC, [Aberdeen, Pinebluff, Jackson Springs, Seven Lakes, West End, Carthage, Cameron, Pinehurst, Whispering Pines, Vass, Lakeview, Tramway/Sanford (Lee County)] we are planning to do more flips...and ease into BRRRRing.Would love to chat with you and see how we can help each other's business.

@Cameron Lim I would urge you to check the operation of that first property.

@Cameron TopeI am living in CT and looking to invest from here, however I do have some family in Texas City so I am a little familiar with the area.

Originally posted by @Cameron Tope:Hey Tyler, Have you tried family and friends for the rehab money and purchase with hard money? 

@Cameron Lim it seems like you have a good understanding of the basics.

Their alleged lack of knowledge about how that all works is irrelevant if at the end of the day they simply didn't meet your criteria.

@Cameron ChambersI think you will get some different opinions on this as everyone has a different investing strategy and risk tolerance.