@Ivan Mares,We fund most of our renovations  through credit cards, and then quickly refinance them with an equity loan... my credit went from an 806, to I have seen it go as low as 574, (all b/c funding renovations)... the secret to doing it is make sure you have a few dummy credit cards you never touch, so that way your credit limit ratio is low.  

Most banks won't touch that property either.

So I know that in wholesaling (or any marketing) we should not expect to get much response from the first touch.

Touch base Monday

I would like your input on how one can go about selling a property quick or getting in touch with a wholesaler(s) who can get it done.

Let's stay in touch.

If you haven't already gotten in touch with a Qualified Intermediary, you may be too late for a 1031 anyway - you can't take any proceeds from the sale of the property or the 1031 is void.

@Alex Short Putting security deposits in a separate account is done because those are technically financial liabilities, in that you're responsible for holding onto those funds and not touching them until they're either returned or used, be that partially or fully.

I'm guessing that we'll touch on it briefly during the September 11th meetup as people introduce themselves and share how and where they're looking to invest, but no formal program is planned for this meetup.We'll also be discussing topics for future meetings/meetups and if there's interest, we'll make it a focus of a future gathering.

I am currently holding long term in this market.My personal investment philosophy has me buying outside the two loops (I-610 and Beltway 8) around the perimeter of Houston.I stay away from inner city property (older and higher touch management from my experience) but many people I know make money there.I look for mid-late 70's 3/2/2 and 4/2/2 that rent for a minimum of $1000 a month.