Hi BB Forum,You may have read our first forum post a while ago about getting started and more entrenched in the industry on a full time basis in the following capacities: - Wholesale (Stage 1)- Fix/Flip (Stage 2)- BRRRR (Stage 2)- Buy/Hold (Stage 3)We are out of country investors looking at the best market to have longevity in and it's coming down to Pheonix, Houston or Dallas.

They have a place they could potentially close on by the end of the year, but its new construction and the closing is subject to change based on the builder (and the area was just in the path of Beryl, so that timeline could have been impacted), so if that's the only thing they're thinking of exchanging into, I'm inclined to suggest they consider consuming the losses now for simplicity's sake, especially if the exchange timeline can't be guaranteed to work out.

That might be do-able in a very low cost of living area or moving out of the USA to another country.

Hi @Tyler Wittwer -- I just read your post here (I was out of the country recently).I just texted Michael to ask him about his search for the type of properties you're looking for. 

I think you are on the right path with exploring the HELOC.  

I too am a fix n flipper and this is a challenge most fix n flippers across the country are facing.

This is a portfolio loan offered by local credit unions where you can buy up to 5 pure investment properties with as little as 5% down if you qualify, which you do have to qualify still with DTI, credit, reserve requirements, etc.There are different credit union options that would be best to connect with based on where you are investing and your situation, so that is why it's important to connect with our team to guide you on the right path on where to apply so you are not wasting your time and having multiple unnecessary credit pulls.

Being a GC will take a lot of your time if you're doing it right and if you can't afford the time and already make good money elsewhere, I wouldn't go down that path unless you're passionate about construction and becoming a GC and can afford the time away from your current businesses or job. 

We often work with out of state, and even out of country investors. 

When MLS was created in most areas across the country, NAR became a virtual monopoly in residential real estate sales controlling 89% of the market.