Just remember that a 1031 exchange is not available if you are flipping the properties.

Plus, they point out that the properties are nicely rehabbed, in solid neighborhoods with high rental demand, tenants are rigorously screened, and to cap it off, the buyer may well sell the property at a big gain well before these repairs and capital expenses start hitting (remember, you presumably "captured" a boatload of equity when you purchased), at which time you can roll into another property.At any rate, if you hold the property, the assumption is that Years 2-30 will experience none of these expenses.

I remember learning some about this in b-law class many moons ago, but I don't know all of the particulars for this specific question.

I just started a real estate brokerage and am looking into how to syndicate my listings to multiple websites in the best fashion.SellPoint costs money, but I remembered about a year or so ago signing up for a free acount (I think it's good for 2 years).Any feedback on this?

So at a 10 CAP this property according to YOUR NUMBERS would be worth 55,000 and the seller wants 130,000.Also you are banking on 0.00 percent interest and straight principal pay down.Many sellers won't finance below market interest rates because of the imputed tax provision ( I believe it's called that ).Remember owner finance isn't always a good thing.You still have to get a decent deal AND the owner finance.If you got owner finance with no money down and no personal guarantee and a non-recourse loan then if they took it back then no big deal.Sounds like you need to move on to another property.

Remember you can borrow from a 401k as Jon said but you CANNOT borrow money from your IRA.

Just remember to look for an experienced realtor that UNDERSTANDS the wholesale game an the INVESTOR thought process....

No matter where you get comps, even if its MLS, you have no guarantee that an appraiser will come up with the same value.One house this year was appraised with an after repaired value of $110k,,,,then I went to refinance and the appraisal came in at $85k,,then I changed lenders and the appraisal came in at $100k,,,,,these are 3 appraisals done by licensed appraisers in about a 3 month period.Who's right, probable somewhere between $100 and $110, the reason I know that is I know the area, the low apprasal came in because the appraiser pulled comps from the wrong neighborhood,,,just remember, appraisals are coming in all over the place,,and its very subjective

I know on average what your property is worth based on what they will put in there.Granting them an easement is a joke for free.You have to remember I worked for a major developer on a big project for almost 3 years.They go and do strategy before meeting you on how to manipulate you the seller in their favor.We would meet 45 minutes early before meeting with the seller and talk strategy before they got there.I had to keep track of and negotiate with over 20 sellers of parcels.Do not let them hurry you into anything.Don't let them tie up the property without going HARD on the money.40,000 free and clear every year is not bad but you could get a lot for that corner.With land I go by USABLE SPACE.For the developers layout they could own 23 acres but how much of it can they use??

Three things to remember.1.