Your attorney will know what the law and local rules of court procedures require for construction AND actual notice.

Achieve your short-term goals that will produce proceeds and resources that will,2.

As others have mentioned, a commercial lender will have no problem loaning to joe six pack as long as the property produces sufficient cash flow to support the debt. 

So working with hard/private money can, at times, produce just as fast a closing as a cash purchase.

As always, POL is doing a great job with their procedures.  

Hey guys, wanted some second thoughts on this.My direct mail produced a call from a woman wanting to sell an absentee property of hers.

The IRS generally wants businesses who are producing inventory (flipping is producing inventory and holding that inventory for sale through the ordinary course of your business) to use the accrual method of accounting.

At that point we bowed out of the program.When the tenants moved out (with no written notice of course..and no rent for that month) they claimed no damages,  ignoring the 24 bags of garbage, the three broken appliances, the broken furniture and the unplugged but still half filled chest freezer (gag) of food they left behind (poor people tend to save EVERYTHING even broken stuff).The irony of these poor folks with their adult daughters who appeared to produce children with anyone they dated and no one seemed to question six grand children with six different last names is that mom and dad were supposedly very active in their church. 

Other factors play into this of course, but when I can buy something for $4,000 that will produce a $200 month cash flow for me, basically for the next 20-30 years, I will buy that every time.

I would advise you consult with a attorneythat has experience in this area.Because of Dodd Frank there are certain procedures you have tofollow to foreclose.