There about 20 tax accountants and CPAs here on Bigger Pockets who specialize in real estate taxation and work with clients nationwide. 

@Mindy Jensen does those kind of deals with her husband and kids, sucks but the profit margin is outstanding.

But you will have to remember about contingencies - on the results of the inspection/appraisal if you are doing those, on financing, if you are getting a mortgage, etc.You definitely want a titling company to search the title and anything outstanding against the property, and issue you a title insurance policy and a gap insurance policy, as well as do your closing.Also, depending on if you will buy cash or get a mortgage, the lender will/may require an inspection and an appraisal.

I'd lean more to the heloc if your current property is an outstanding hold. 

They are a nationwide outfit, but Mike has been moving and shaking in this region. 

My recommendation is to start with what is called a "top down analysis" which involves choosing an Metropolitan Statistical Area, then a sub-market within that MSA, then a specific multifamily product type and then you will work on choosing the correct property.Step 1: Analyze nation wide population, job, supply/demand and multifamily transaction trends in markets which you are interested in. 

If your plan allows you to take Solo 401k participant loan (and assuming that you have not had any outstanding loan in the past 12 months), you could take a 401k participant loan from your Roth 401k and then use the proceeds to pay down/pay off the note.

No taxes means no place to apply deductions, so depreciation does not fit into the picture and there is no need for a 1031 exchange.Most syndicated deals are leveraged, and that introduces taxation on UDFI - the portion of the income the IRA receives based on the borrowed capital in the deal.As operating income is generated from the entity to a limited partner using an IRA, the IRA is now taxed on a portion of the income, and deductions such as depreciation apply.If the asset is sold with debt still outstanding, then there is UDFI tax on the gain at sale as well. 

The outstanding balance is 1.5M, I’d like to buy a 2.2 M 24 unit condo complex with profits with a 1031 exchange. 1.

If not, does anyone have any experience or strategies on repaying the outstanding liens and getting a clear deed?