This meetup is not intended to sell anything only add value and exchange resources amongst those who are currently investing or looking to learn how to invest in real estate.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

She's asking $700K.My question is how do i start the process of obtaining this property without having to sell and 1031 exchange my current duplex.I have not much in savings, and no where near 20-25% for a down payment for the new property.

(They both shrink your pool or buyers and combining them really shrinks the pool.)Assuming you don’t plan to do a 1031 exchange you’ll also pay higher taxes if you can’t spread them over two calendar years, but not much. 

., if I’m dealing with someone in, say, Chicago or Austin, I know precisely which local operators are closing quickly and which boutique lenders are staying nimble.

Consult a tax professional to understand future implications.1031 Exchange: If you sell this property later, you can defer capital gains taxes by reinvesting through a 1031 exchange.4.

A 1031 exchange is NOT available for owner occupied property so that’s the bad news.The good news is for owner occupied primary residences, for married couples, the first $500,000 of pain is tax free.No need to worry about a 1031, live in the house, sell it, use the $500,000 exclusion and you pay KP tax on whatever profit may exist,2.

The house will still need to appraise for the amount of the loan if you offer a higher price in exchange for repair money from the seller.

Plus if any of the materials are damaged, wrong, or of low quality you're going to be the one who has to deal with returns or exchanges. 

Maybe he does file a nuisance mechanics lien (whether he can and precise procedures) will be dependent on local law.