FHA buyers should be an alternative strategy when your spread will allow for a fix and flip play.

Myka,You asked, so here is what I came across:http://www.biggerpockets.com/forums/52/topics/24010-alternative-to-copper-piping-for-hvac-unitshttp://www.biggerpockets.com/forums/52/topics/43638-neighborhood-marketing-for-rental-prop-http://www.biggerpockets.com/forums/67/topics/20108-newbie-question-repairing-copper-lines-on-ac-unit

CitiMortgage just announced it will pilot a new Foreclosure Alternatives Program that allows distressed borrowers to stay in their homes an additional six months in exchange for the deed.

An alternative would be to do (71.5% / 8.5% = 8.4) eight deals with hard money.

I've personally done this and exchanged out of one property and into 5 SFR in multiple states so, although it's challenging and requires some planning, this can be accomplished -- I think the tax saving might make it worth exploring this alternative.- Finally, regarding your possible need for cash, there are two approaches to consider: 1) taking some 'cash boot' from the transaction and only paying taxes on the actual cash received (referred to as a partial exchange) or 2) doing a fully deferred exchange but refinancing shortly after the exchange is completed to pull out the needed cash without paying any capital gain taxes at all.

I personally encourage all BoA sellers to serioulsy consider an alternative to a short sale like bankruptcy since they encourage promissory notes and will file deficiencies whenever possible.

Alternatively, its a pass through and doesn't show up either place.

If they can offer any alternative to another Joint Venture Agreement that would make them more comfortable and of course is within the bounds of the law.

Seller financing is a good way to buy houses without going through banks because they're a pain to deal with right now.The other alternative, is to raise money from private lenders - not just the downpayment but the whole thing.

More money is the magic phrase to get them to open up to cash alternatives.