In order to make a post seeking out partners, you must post in the "Make Deals, . . ." forum area.

Remember that IRA's gain interest tax free and can be taken out tax free (if taken out before the age of 59 yrs 6 months you are subject to a 10% penalty tax).

Minimum bid consists of delinquent taxes, interest, penalties, fees due on property, and cost of sale.

"If you are a "contractor license" sate your brother in law could be subject to fines, penalties as well as prosecution if the "license board guys " were to drive by and stop. happens all the time!

If you miss the deadline you will have to pay a penalty for not filing and also for not paying if you owe money.

You might have a fair deal if it is truly 20% below market (many seek 30%), but, you may not be getting any deal at all.

This may need more explanation to get the answers you seek....What is principals input and how?

I am seeking funds, not necessarily "hard", but would like opinions.

A great way to start is to pick an area and seek out the commercial brokers in that area.

Michael, I'm not a lawyer so seek competent legal advice, but here is what I do.