I have realized that my personal experiences working directly with developers as well as individual private clients; in addition to my experience working with a design and build firm has provided me a unique field of knowledge that I believe will help me in my future endeavors, as well as giving me the opportunity to help others in my community as I continue to network and prepare to dive into the work of real estate investment. 

But if the IRS does give some healthy extensions to the 1031 timelines then those people just now entering into exchanges will have a unique opportunity to get an extended look at the market evolution while keeping their tax deferral intact.interesting times indeed.  

Also, when you are using hard money that doesn't require repayment with the interest until you sell the house, are you calculating only the utility costs for monthly holding costs and then deduct the loan and interest from the profit of the sale?

Each of our partners and properties offer unique opportunities, and we see two options that could work well: Convert our lease agreement to a revenue share contract where rent earned is passed to you, with a percentage retained by us.

As investors we're all about figuring out what works in unique situations and learning from one another.

Unfortunately, I had no clue the HELOC had to be closed with the cash out and then re-opened.My current HELOC line is at 80k with a 10 year draw and 20-year repayment.

@Alejandra Tapia Short sales are called "short" because the lender isn't getting full repayment, so they're coming up "short". 

Would the building in that scenario be underwritten with a heavier emphasis than usual, or will they still look at my personal finances and repayment ability as well?

Everyone's circumstance is unique so it keeps me on my toes.Not sure how helpful that was, but just my two cents!

There are deals to be had sometimes but I've been thinking more and more that I need to get my own list of off market properties going in order to really be of unique and invaluable service to this client.