I wish we would have better repair costs estimates going into it so we could have applied for a construction loan upfront, but everything moved so fast at the beginning and by time we had some better estimates, we didn't want to have to postpone closing again and have the seller looking for ways to get out of the deal :-/  So in addition to our extra capital, now we are looking for other ways to finance repairs  

Since you planning on purchasing property personally, not inside of your 401k, when the property is sold and you realize profit – you would have to declare it on your personal tax return and pay taxes on it (or do 1031 tax-deferred exchange to postpone paying taxes).

Today I received a short sale offer which looks acceptable, and this means that we will have to postpone the sale.

Any property can be postponed for a variety of reasons, including a last minute bankruptcy filing.

Rent concessions were reported in the Richmond and San Francisco markets, and Richmond noted that some landlords had postponed property improvements in an effort to conserve cash.

I would only add, that references should be 2-3 title companies that the lender has done closed with in the past month.Confirm closing was in the name of the lender.Ask if closing was postponed due to the lender.Ask if any last minute changes were made in favor of the lender (points, interest etc).I haven't personally done this, but I think it is what I would recommend to any borrowers requesting a reference from any HML.

I have postponed payments for up to 4 months.

So in that case, just postpone it for now or find another way to get the information (like have the tenant get it for you).

Since she was already working to do a loan modification, I told her we probably wouldn't be a good fit but if the loan mod didn't work or something changed and it got closer to foreclosure to give us a call so we could work our program as a last resort.Our company has a watch list set up with the local trustees office database so when a property has an update, we are notified by email whether it's a postponement, bankruptcy stay, cancellation, or the minimum bid amount if it goes to auction.

Going into a 1031 exchange lets you postpone the taxes for a long time, but unless you want to stay in REI it may just be better to pay the tax and go on with your life.Answer about the purpose of the property, investment or primary residence and we can go further.all cash