There's a fear that if you jump into the deep end there's the possibility of drowning.

Deep down, the real answer is that she doesn't want to dip into her funds now if she doesn't have to; rather give up some of the profit than going out-of-pocket.The money is to be deposited to an escrow account, held by a title company that has been in business for a long time, so that offers some assurance.

You can find him at thehulsergroup.com, or you can PM me for his contact info.He also has a pretty deep contractor base.Tell him I referred you please!

Guess I just need to take a few deep breaths and make it happen.

I had to share this - I just couldn't resist!  Zillow's "Zestimates" are legendary for their inaccuracy, but this one takes the cake!2900 Cranberry Hwy, Wareham MA.  A mobile home, built in 1976 - 2 beds, 1 bath, 900 ...

There will be some extra costs depending how deep a renovation you do. 

Sounds like you might be in too deep, but maybe it's not quite time to throw in the towel just yet.You hired your inspector to tell you everything about the property - and just keep in mind that the inspection report is going to look like a total bloodbath. 

They all think they're sitting on gold mines (and this was in 2013)...and to be honest many of them are...Anyway, I eventually just found the Santa Clarita 4-unit on the MLS.Where direct mail does work in SoCal, however (or at least where it worked for me back in 2015...not sure the market now as I haven't bought anything in SoCal since then), was for older absentee SFR owners in the outskirts of SoCal...I had several people willing to sell me their properties at a deep discount (for cash and a quick close), but I only had the cash to buy one at the time.

It’s really deep topic based on your situation.

Basically, the IRS wants to ensure that you invest an equal or greater amount of EQUITY AND RELIEVED DEBT in the replacement property.