The property next to me is a 1 acre lot, it has a Well, Septic and Power, but no structure.

RTR and my lender have been great through this whole process.

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.

Interesting about the wind-down structure, I'll look into that more. some existing HMLs that don't have cooperating banks right now and probably would be glad to have it.  

@India H.When you're diving into real estate investing, especially through auctions, it's essential to have your financing and structure in place.

I found a few that I liked and Melissa was able to help me quickly identify which ones were best for me and proceed with the purchasing process.

I ask to take a walk through and document the current condition as my agreement states they can not damage the property during this process. and of course don't give them anything until you have walked through verified they are out and have voluntarily handed over keys. 

I've never heard of this.I suspect he's using fraudulent documentation.Stick to your process.

I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.

This will not qualify for 1031 Exchange treatment under the present structure and "use."