You don't get penalties but some of the moments will trigger taxes if it doesn't fall in the rollover category.

We plan to use 4 (there are 4 of us) separate FHA/203k loans to acquire tri/quad-plexes.At the moment, we are campaigning to gain outside investors and cosigners and will hopefully be profitable with a couple units by early 2017.

More than likely current owner doesn't want current tenants to know property is in transition until last possible moment.

Personal stuff - I love spending as much time as possible with my 5 yr old daughter and the rest of my family, I love fitness (generally work out at least 5x a week), and I've recently developed (better late than never) a passion for real estate investing as a means of 'getting out of the rat race' as well as acquiring knowledge in general in order to better myself and share that knowledge to help others.I haven't uploaded my Pro video yet, but I plan to as soon as I get a moment so my BP peers can get a better feel (beyond the photo) for who I am. 

Not just for profit, although it is a great incentive, but to also battle the homelessness epidemic we have on our beautiful island.

Hey everyone, I'm new to the forum and wanted to take a moment to introduce myself.I run a small analytics consulting business in Boston, and develop data science courses for several online education platforms.I'm interested in real estate investing as a means of diversifying my portfolio and providing additional streams of passive income.

I'm sure with your experience you will be able to create some beautiful flips and remodels.

If you want to help someone out, I need some extra cash for financing another property to set up my two beautiful daughters for success later in life.

At the moment, I'm looking for ways to break into the BRRR cycle in this Seller's market, leaning toward low overhead properties with Short Term Rental potential - particularly near Ybor City and TPA airport. 

At the moment I feel as if I have a ton of road blocks.