Yes trying to find info as well, offered 1031 and/or straight investment $s w 6 month min lockup period for a return in the 14s, seems too good(i know what they say, lol)

@Sheena Varghese For flips taking over a year, the IRS treats them as business inventory, so profits are taxed as ordinary income, not capital gains, regardless of the holding period.

I dont want to tap on my 401K because that is set for retirement, period!!!.

It is shocking how many get redeemed in the last 48 hours before the close of the auction.If the properties listed were beyond their redemption period such that I Knew they were really going to be sold, I would start looking at these again.  

I have learn a lot in the short period of time, Joining BP is one of the smart decision so far, I hope you are accumulating good amount of Knowledge   

Periodic 1031 exchanges when appreciation stalls out, or performance goes down, or trapped equity is costing you return are all great strategic moves.

For prospects seeking to rent many months in advance we are typically declining those and seeking to lease up as close as possible to the next available date so as to prevent potential gap periods that will be harder to lease. 

Ask your GC for periodic updates to make sure everything is on schedule and to be able to know when something will set you back.

Judicial foreclosure requires a petition to the courts, and a court trial ending in an order by the presiding judge allowing a foreclosure auction to take place.  

My other question is that the listing agreement states that we are not allowed to sell to any client that he brought to us during the listing period or he will be owed commission.