Bit confused on the Dodd Frank and Safe Act.

I know you're looking for 20k and we're just unable to come up to that number comfortably to make this feel like a safe deal for us.

Though most of the time I think the way real estate transactions are done in the US is similar to how it is done here as well.

Is this your own money sitting in the bank with proof of funds or are you using hard money or transactional funding?

The minimum is going to be something guaranteed safe like US Treasuries.

Hello BP, i plan to have the seller transfer his property title to me and then i find a buyer for a "Wrap Around" mortgage transaction.

Can I do a 1031 exchange for this transaction and, if so, can I defer the capital gains tax?

I think the area I farm has a lower turnover rate, like 6 or 7%, but it has very high property rates, so Im able to get more money on each transaction, so I dont need as high of a turnover rate if I am able to capture a good deal of the business.

If you are to develop equity quickly I would advise to flip houses and new allotments in the 1031 exchange programs allow you to access bridge loans to source properties while you are bound with your initial investment as long as your equity from your first transaction is already allocated through your QI 1031 exchange.

You do not need money to complete the transaction if you are assigning the contract.