Feel free to PM me with what you're looking for and I'll try to point you in the right direction. 

Please feel free to directly message me if you want to discuss this more or if you have specific questions.Tim  

Feel free to reach out for some neighborhood recommendations or if there is anything I can do to help with your search. 

It's a fairly easy process and the bank works with you on the purchase to handle the funds through the 1031 exchange.If you have any specific questions feel free to reach out I am always happy to talk REI!

Feel free to reach out if you need more specific information about your situation. 

Feel free to reach out when you're ready to have a conversation about what the financing will look like. 

That said, when you have your 341 hearing or, whenever the legal owner gets notice, you'll have to prove the property is your asset in order to keep it under BK protection otherwise, the bank will get relief from stay (They will no doubt file a motion for relief).

On the conventional side, one of the biggest lenders, I belive they'll give you a few days free, but if you need to extend over 5 days then it is 2.5 bps a day, and if you need a 2nd extension then they double it to 5 bps a day. 1.5 bps is VERY reasonable.

Buyers and sellers should stay informed and adapt to the evolving market conditions.Birmingham, AL Rental Market Forecast (June 2024 - November 2024)Single-Family HomesJune 20242-bedroom: $1,150 (MoM: +0.4%, YoY: +4.5%)3-bedroom: $1,410 (MoM: +0.7%, YoY: +3.7%)4-bedroom: $1,680 (MoM: +0.6%, YoY: +3.5%)July 20242-bedroom: $1,155 (MoM: +0.4%, YoY: +4.4%)3-bedroom: $1,420 (MoM: +0.7%, YoY: +3.6%)4-bedroom: $1,690 (MoM: +0.6%, YoY: +3.4%)August 20242-bedroom: $1,160 (MoM: +0.4%, YoY: +4.3%)3-bedroom: $1,430 (MoM: +0.7%, YoY: +3.5%)4-bedroom: $1,700 (MoM: +0.6%, YoY: +3.3%)September 20242-bedroom: $1,165 (MoM: +0.4%, YoY: +4.2%)3-bedroom: $1,440 (MoM: +0.7%, YoY: +3.4%)4-bedroom: $1,710 (MoM: +0.6%, YoY: +3.2%)October 20242-bedroom: $1,170 (MoM: +0.4%, YoY: +4.1%)3-bedroom: $1,450 (MoM: +0.7%, YoY: +3.3%)4-bedroom: $1,720 (MoM: +0.6%, YoY: +3.1%)November 20242-bedroom: $1,175 (MoM: +0.4%, YoY: +4.0%)3-bedroom: $1,460 (MoM: +0.7%, YoY: +3.2%)4-bedroom: $1,730 (MoM: +0.6%, YoY: +3.0%)ApartmentsJune 20242-bedroom: $1,045 (MoM: +0.5%, YoY: +3.5%)3-bedroom: $1,290 (MoM: +0.4%, YoY: +3.1%)4-bedroom: $1,510 (MoM: +0.7%, YoY: +3.4%)July 20242-bedroom: $1,050 (MoM: +0.5%, YoY: +3.4%)3-bedroom: $1,295 (MoM: +0.4%, YoY: +3.0%)4-bedroom: $1,520 (MoM: +0.7%, YoY: +3.3%)August 20242-bedroom: $1,055 (MoM: +0.5%, YoY: +3.3%)3-bedroom: $1,300 (MoM: +0.4%, YoY: +2.9%)4-bedroom: $1,530 (MoM: +0.7%, YoY: +3.2%)September 20242-bedroom: $1,060 (MoM: +0.5%, YoY: +3.2%)3-bedroom: $1,305 (MoM: +0.4%, YoY: +2.8%)4-bedroom: $1,540 (MoM: +0.7%, YoY: +3.1%)October 20242-bedroom: $1,065 (MoM: +0.5%, YoY: +3.1%)3-bedroom: $1,310 (MoM: +0.4%, YoY: +2.7%)4-bedroom: $1,550 (MoM: +0.7%, YoY: +3.0%)November 20242-bedroom: $1,070 (MoM: +0.5%, YoY: +3.0%)3-bedroom: $1,315 (MoM: +0.4%, YoY: +2.6%)4-bedroom: $1,560 (MoM: +0.7%, YoY: +2.9%)Market AnalysisThe Birmingham sales & rental market is expected to continue its current trend of gradual sales & rent increases across both single-family homes and apartments.

We actually just did a free webinar (local real estate developers) focused on the fact that developers don't need licenses or certifications BUT they do need strategic partners with those and their expertise to complete projects.