I'm still fairly new into the space, as a good portion of my day is spent helping people improve their lives through EXERCISE...lots of fun!!!  

There's no statutory holding period which makes it a touch ethical exercise for you and a moving target to hit for IRS compliance but make sure your intent is to hold the property for productive use and not just to fix it and lease it to sell it.

It’s a great way to learn more while doing other things such as exercising, driving, etc.Get involved with a local REIA groups.

That can be put towards the down payment when they exercise the option or forfeited if they dont. 

This could be a good exercise to learn the logistics associated with the DOB court.I'm not planning on excavating.

It’s a great way to learn more while doing other things such as exercising, driving, etc.Get involved with a local REIA groups.

It’s a great way to learn more while doing other things such as exercising, driving, etc.Get involved with a local REIA groups.

The reality is banks rarely exercise their due on sale clause as long as you are paying.

This is more an exercise in problem solving.

Historically, though, lenders have not exercised their right to call the loan due.