I think I have pretty good grasp of 1031 exchange but what is the pros and cons of going the private annuity trust with the sale of your real estate asset?

We have a operation located in St Louis now and a couple of contractors that we have relationships with.We are looking to raise private funds to buy theses homes and are looking to partner with others for short term projects.

Right now I'm trying to get a HELOC on one of properties in a flood zone but rather than get a FEMA policy I bought private insurance.

Try the investor deal diaries forum -- we've got a portfolio tracker built into our analysis tools, but that is private.

Have you considered a partner or a private loan from a relative or friend?

Or do the lease option and find a private investor to fund me the pay off for the mortgage, give the owner and her family some cash to move out and some cash to at least renovate three of the units and then after 12 months refinance and pay off the investor (I should have the building fully rented within the year and have my credit together).

If he does, I think the best route is going to be contacting local banks and then moving up the scale to private money. 

I am 90% confidant I can get money for the house plus the renovation costs (from traditional bank financing and/or private money and/or HELOC on my property) but there is always the change that I cannot. 

If you have to get private money loan at 7% then you will need $265,000 for down payment.

I earned my CPA after college.I currently work as a real estate financial analyst for a multi national private equity real estate firm, but have a strong interest in starting my own real estate investment practice.I am very impressed with the information available through the podcasts and forum posts.