Property acquired as rehab (i.e. fix and flip) are held for sale and not for investment, so will typically not qualify for 1031 Exchange treatment.1031 Exchanges require that replacement properties be identified within 45 calendar days after the closing of your sale transaction, and completed/acquired no later than 180 calendar days from the closing of your sale transaction.

I have a free and clear home with a market value of $110-$140k. Looking for a $35k loan for six months.

My apologies if this is the wrong forum, but I'm seeking hard or private money to fund purchase and rehabs in Texas.I require little to no cash out of pocket and a program that is not driven by FICO.Thanks,TS

He did mention that the lender made a comment as to her trusting him, so I suggest she did the deal based on trust rather than seeking competent advice.

Any breach of contract can trigger the mortgagee seeking to enforce the terms.

In the event you have suffered damages, such as paying for inspections and other expenses based on thinking you are in a contract and purchasing the property, you may be able to seek reimbursement for those expenses from the bank.

I am trying to analyze the area and seek input on the Value of the property and your analysis on how good or bad this property and neighborhood is in case I end up in a foreclosure situation.Address:243 W.

It really makes the place look updated for our future tenants.We started a pest treatment schedule so that they will be clear for when we start leasing down the road.While we are getting our security system in order, we put up a dummy camera facing the dumpster in addition to posting two yellow signs that say "smile, your on camera".Building Permit UpdateStill working on the permits required to do the remaining interior work such as the closing up uncovered walls, ceilings, plumbing, electrical insulation etc.

Someone who says, "sounds about right" is probably an auditory learner.Someone who says "that feels right to me" is probably a kinesthetic learner.Someone who says "that adds up" is probably a logical learner.On the flip side, being cognizant of one's learning preferences is also important when seeking mentorship.

The tenant has come to discern your strained financial situation and is seeking to take advantage of you.