If your trying to move that money via 1031 exchange (Im no expert on this) wouldn't the owner finance just add an extra step/ hoop to jump through?

I've been doing quite a bit of research on the new "reasonable steps" enumerated in the SEC page for the new JOBS Act.

I wouldn't mention another attorney as they play in the same sandbox and do not want to step on others toes.

I'm looking forward to new adventures in RE investing.I have decided to step into the investing arena, as opposed to being a "traditional" sales agent.

Did the son or step son have children?

I do have a question- I am thinking getting in touch with a realtor would be a good next step.

The key with real estate is being able to tax depreciate and write down your growing income every year and then wipe it out as a stepped up basis leaving the properties to your heirs.A refi out of equity is considered a loan so is not generally taxable.Do you think the rich want to make a bunch of money only to give it to the government who can't balance 10 cents much less our national budget??

I have the collateral saved up now to start the hunt for my first property flip, just don't know what steps I need to take in doing this to make means in getting this property or even where to look?

That way, you are not slamming the door shut but they may hit you up in a year or two which would be fine by me as multi year responsible tenants are good news.Like Steve Babiak said if there is a reasonable price that lets you step up in property or serves your needs another way maybe put that out there.

Hi Joel,Ultimately, my goal is to one day own my own business and I hope to use this investment as a stepping stone.