fear of loss""expectation of a gain"I have investors who own property in hot markets now where if they sell they get a ton of equity over what they bought for 3 years ago when they got it real cheap.They want to take that money and reinvest in other markets where they can still get yield.

If you are looking to resell the units in a short amount of time then consider SFR because the resale is easier, the gains can be higher and the interim rent is higher as well.Tim Czarkowski makes a good point about financing.

as gov influence gains footing, more loonies fill the asylum...staff rolls.

I've done a lot of deals and we're confident that I will be able to pay him back, but we don't know how he can legally invest this money with me in my flips without losing the tax deferred gains that he has in there.

for all of the valuable information on this site.

If you want to gain more knowledge about specifically investing in foreclosures, pick up some papers written on current foreclosure situaitons, perhaps even state specific to your desire.

The liability that comes along with not pulling permits severely outweighs the minor cost/time savings that you would gain.

Tax planning involves some thinking prior to acting - in this case, the sale is the event that triggered gains that then trigger taxes; so before the sale, you should have consulted CPA / tax planner to determine options to minimize tax impact.Of course, since you say you were flipping, a 1031 exchange never was an option.

Manuel Acuna - please re-read the sticky posts in the landlord forum until you gain an UNDERSTANDING of the meaning behind the "50% rule"; post questions in those threads if you don't get it.

If not, I would suggest looking into the tax benefits of buying a home, including tax free gain.