Ensure the state provides a clear title upon sale.

However, electing partnership or corporate taxation could be seen as a sale, causing unintended tax consequences.

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

This way in case of “default” we don’t need to go thru foreclosure, or bankruptcy litigation since we already own the property on a sale/leaseback/option arrangement.  

There are a few options(1)You can get connected with the larger wholesaler firms in the area (2) go through PCPAO site and skiptrace the buyers of similar properties as yours, (3) hunt down the agents involved in the sale of properties similar to yours or go to local REI meetings and pitch it to the investors there. 

The Fed may be forced to cut rates, but if inflation does not ease, they could remain hesitant.Investor takeaway: Investors should watch for distressed sales in areas where job losses are more concentrated.

Now with higher interest rates, and slower sales, the profits are being squeezed, thus an increase in risk for the potential flippers. 

My foreclosure sale date is the end of March 2023 and I will not anticipate getting paid from the sale for another 5-6 months. 

We have explored disposing of the asset multiple times and the same comes up during sale.  

Best of luck moving forward with your sale though!