Has anyone tried one of those "skip the realtor" sites, to avoid commission?

I'd like to avoid posting a question that gets, oh I don't know, 24 hits and no answers :lol: but that may happen from posting in the wrong place.I'm very happy to be here.

In other words, they are choosing to build equity into as many properties simultaneously at once, instead of all cash's strategy of building it in one property at a time as quickly as possible to minimize interested paid overall.I'm sure both strategies have pros and cons, but what all cash is probably saying is that if your not going to pay the mortgage down ASAP, then you better be using that money (that your essentially borrowing from the bank every day that goes buy) in a way thats even more beneficial to you than it would be to avoid the interest payment on it.

[b]We were just wondering if there is any way to avoid or delay (other than a 1031 exchange) a big hit on the capital gains taxes when we sell our 4-plex.

So my 2 cents is the deal sounds pretty good, but might be worth renting out for at least a year for capital gains and to avoid trying to do a 1031 exchange as the other members advised.

I would tell a competitor to wait (maybe to avoid more competition) if overall revitalization wasn't the true and honest goal.

the trick is not to learn "it all" - you'll get lost in the learning aspect and never move forward and get to the good stuff - actually making money.

Any ideas on how to avoid this in the future?

I already knew the basics, but not the CRITICAL real world aspects of the business.

Thank you Charles, I will take your advise to heart and do more research on the wholesale aspect of RE.