Jean Paul RouseauTo answer that question, perhaps you need to check out the 1031 Exchange.

Paul, that's a very moving story.  

Hi Paul,I'm a proud eastern NC native, but must admit that eastern NC is a very different animal from the major NC markets like Charlotte, Triad, and the Triangle.

Paul

Secondly, because you are looking to possibly get into flipping, I would suggest reading "The Real Estate Rehab Investing Bible" by Paul Esjuan.

@Paul Vincent - thanks for the info on Lakewood, any other areas I should be looking at?

@Paul Parker I'm still believer in workign with local investors whenn selling properties fast.

@Robert P. thank you for that info about how it is done in Mass  i will look into that info for NY@Matthew Paul i purchased the property for cash, so as far as not having income i will not have a mortgage to pay for, the reason money is tight right now is because i had to pay school taxes right after closing, and then spent $17000 on a roof the first month. 

@Matthew Paul Thanks for the detailed response on how you work and what signing the agreement means! 

For your Minneapolis investment, I am currently getting Profitable with good equity properties for sale, for  fix and flip or fix to rent investments in Minneapolis and St Paul.