Her initial plan was to sell the farm, retire, and fold the LLC.However, I've convinced her to do a 1031 exchange and reinvest the profits into another property, out of state.A friend and myself are doing all of the leg work for this deal and are planning on putting in some cash of our own.We are in need of a CPA, Lawyer, and a 1031 Intermediary that can help us do the 1031 exchange, as well as advise us on how to properly split up the equity of the property we're going to buy.Additionally, if it makes sense for our goals, she is open to giving us equity in the LLC, as well.Thanks,Spencer

If the HOA is not mentioned anywhere, then it may not have been properly setup.

A short sale is when a seller negotiates with their bank to accept less than the balance of the mortgage.

Do we pay off loans to improve our balance sheets and cash flow by retiring debt?

I have a property advertised for a private sale and a prospective buyer would like to put a deposit down and pay the remaining balance in instalments.

It doesn't take the place of a proper title search, but if it's available and free you may be able to use it find some initial info.

If the work is not 100% complete by the end of the Escrow period, extension may implement a .50% (on total loan balance) extension fee that will cover an additional construction term of 60 days.

All it is is a job where you are compensated for bringing a buyer and seller together...To do it properly took me about 10 years of being in the trenches of buying, selling, landlording, and doing a few bad flips.

You will need to know that information when you go to refinance but if you don't have that information, you need it now in order to properly plan the project.

I've heard the auctions can be a place to pick up deals (with proper due diligence that is) and other foreclosures or short sales.