In your example, that would simply entail turning the fridge's water supply valve from on to off.

It does however take a tremendous amount of research and entails a larger amount of risk.

@Christopher Beale What did your project entail?  Ive

I get that you hate Realtors, but you're making some pretty heavy assertions of malfeasance that I doubt you can back up.

If all else fails, most jurisdictions give you the ability to “bond off the lien” from the property, which usually entails placing cash in court escrow account for 110–120% of the lien amount.....this removes the lien from the property so you can sell/refinance. 

It's a constant game of speculation and then pointing fingers when your assertions play out or fail to materialize. 

The principle of ethnic self-determination made its way into the United Nations Charter, and it lurks in contemporary domestic discussions about the political and cultural rights of every kind of minority.The Clinton campaign's assertion of her electability based on "hardworking white American" voters reveals deep divisions in the Democratic coalition.

Your assertion about Australian mortgages is incorrect.

But realistically, if all of his assertions are correct, then the deal is a no-brainer for any all cash investor.  

In this particular case, the question of how the sales receipts are classified was addressed, and how the Tax Court responded should be of interest to anyone involved in flipping.Here’s how it played out: the taxpayer asserted (among other things), that the activity of buying, rehabbing, and then reselling the properties was an investment activity, and so any gains should be treated as capital gains.