Any comments or suggestions in the area of gaining investors?

I'm thinking of staying the 2 years to avoid the capital gains tax and also, because its my first, to give me time to make mistakes.

You at least should hold the property 1 year and a day so that you only owe 15% cap gains when you sell.Our land contract tenant didn' t pay the insurance two years in a row and the lender instituted forced insurance letters both times.

Which helps us to be the first or one of the first to get the homeowners attention.

It hardly applies to fixed rate programs, but it's always good to pay attention to such details.

If you're holding them for rentals, then selling after a year or more (not a hard and fast number, longer is better), and buying another property, you can use the 1031 to defer the taxes on the gains that you roll into the new property.

Now if you're looking for the 'rent' and would be happy with the gain if the option is exercised, there are some possibilities-just make sure you'd be happy owning the stock if it drops.

Another benefit to these owner's is that they often will hold a contract (no bank contact) at favorable terms to avoid the capital gains.

They may have a program to help smaller companies but I doubt it gets a lot of attention.

Attention Agents:Any referral you send our Team is an automatic 30% referral Fee!