Randal Your not going to like my input buy just the same...Yea in theory the deal you want can and I'm sure does occur, however so many things are out of your control and can back fire.I like cut and dry, I don't like the idea of messing with someones life as someone ties their deed up offering a solution that may or may not work out for them.

When pets step on the grass, the sprinkler is turn on.Since you live down the hill, it wouldn't workout.

Way to persevere and get through all the BS necessary to make things work out.

The idea of deferring taxes and having your capital "uninhibitedly" grow sounds great, but the govmt will get the taxes later, AND the tax rates will be higher then they are now, you can be certain of that.I'd rather be able to act in an unfettered and free style with my capital ("it is my money, I'll use it when and how I want") and work out the best strategies I can to mitigate the taxable events through each year.

It depends on what you work out with the seller.Good Luck,Mike

The properties i was looking at didn't work out - - thanks mostly to this forum and the help they gave me on number-crunching - - you all saved me from making a bad purchase.I'm still looking though....

Hi Dick and Michael,Thanks for the welcome.Michael i buy with cash,rehab and sell.i dont live there.so far i have been doing one at a time but thinking of using financing soon so i can have more than one going.I think this area is better suited for the buy and hold game.I have avg around $15-20,000 per house doing almost all the work myself.I dont see how investors make money here sub all the work out but as far as cash flow properties,it is prob one of the best around.I have one rental right now that i paid 18,000 for and rents for 800month.take care

\A friend of mine has had 2 called due on him, but it's b/c he's got a mouth on him and had cursed out the lender both times.He's since taken up yoga :-)

We get the property under contract, work out a short sale, buy the property, and than sell it.

You can sometimes talk them into doing it if you work out a deal where they will also get to do the appraisal for the buyer when they buy the house and have to do a mandatory one.however, these paid sites have also been recommended to me (by john lydic on this forum if I remember correctly) for getting comps.