Look at real estate professional status closely, this area of the tax code(section 469) is where I think If you worked with the right real estate-focused accountant you could save 100s of thousands of dollars. 

Artificial Intelligence (AI) has been changing the world as we know it and the real estate industry is no exception.

I'm originally from Florida and moved to Columbus for the real estate.

That would be his issue with his lender.You would have the option of forcing him to complete the deal, he then has to work out the problems between himself and his lender, that is none of your problem or business.Have your attorney or the real estate agent's broker send a strongly worded letter as a warning about the consequences ( a lawsuit he is unlikely to win).

I am new to the real estate investment field as far as acquisitions go.

In my state after the court and estate nominate a personal representative to administer the estate the court issues them letters of authority.

Hey Armando, congrats on taking the leap into real estate!

renovation including a roof replacement Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My strategy right now is to sell the land to a real estate developer to develop the home at a steep discount ($150,000) but make a claim on the stake of the overall project to get my remaining money back, plus the profit of the build. 

I provide private lending for Fix/Flip and BRRR projects.Outside of real estate, I enjoy spending time outdoors with my wife, twin boys and golden retriever.Excited to learn and connect with you all!