We have people with all sorts of experience levels that go to that.

The data I've seen predicts growth into 2020 and then leveling off for a bit.It's likely I'll be leaving the city next year.

Many of my properties in Wilmington are simply old and have not level floors.

Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partner buy into the deal with cash and had his name added to the deedthere was no recorded transfer of $$ at this closingMy partner is now offering additional cash to buy me out of the partnership and take over 100% of the dealHoping to better understand at a high level what the typical path forward would look like in this scenario ?

No commercial lenders will talk to you at the $20K level (about $50-60K would be the bottom end), but private money and some hard money lenders might be an option.Flipping of houses is considered a business and is therefore not entirely tax-sheltered in the IRA. 

The thing with these deals is they are way more complicated than just buying a fixer upper an renovating it.

To make a decision on the route to take, you have to do some homework first which entails, learning how much $$ you have/need for each, how much financing if any will you be qualified for, what's your level of expertise in either, will you have partners going in, do you have the team of qualified professionals for each.

@Aaron GorumYEAH I’m sure everyone would love the look but remember this is an investment not hgtv fixer upper .

I don't have anyone in my family or friends that's owned real estate so it's hard to find someone to lead me in the right direction.Property is a fourplex in a mid level neighborhood.

Look at your own risk tolerance and stay within your own comfort level.