Even if they move out before the eviction date, I'd highly consider still having the eviction happen so that the sheriff (or whoever shows up) still signs off on the official paperwork.Then consider the time it'll take you to get the place rent-ready again.You might need to inform your applicants that the unit will possibly not be ready in time.

I live in the Hampton Roads area of Virginia and when I am driving to and from work I see lots of bandit signs and my heart just flutters because I know that I need to get into the game.

Nobody as a sponsor wants to work their tail off creating equity on a deal for the investors to take it all.For me I make a lot of income transacting commercial real estate deals so doing a syndicate has to give me at least the same or greater return for time allocated.

Pitch your offer knowing that most people will say no, but you only need 1 of these deals to come together each month to make yourself a good living.Run ads on craigslist, local facebook groups, and post signs around the neighborhoods to find your tenant/buyers.

All seemed okay, then they demanded I sign a gift affidavit for the funds.

Then after 3 years of possession, the title will quiet and then the title can be insured upon, or you can look to the previous owner and see if they will sign over a quick claim deed for a couple hundred bucks.

. $400 per transaction side is what I've found so far ($800 total).

Could be civil and/or criminal depending on the transaction.

Who's using Dotloop transaction management software?

We did about $8k of rehab.We put $52k related to the deal in a qualified intermediary for a 1031.We pulled the $52k out and bought anther investment home with cash for $72,500 last month.The HOA won't let us rent it, so we're looking at selling the home.We essentially entered into a contract to sell the home at $105k but with this deal, we'd have to owner finance it.Terms: Sells price $105kDown: $5kInterest 7%10 year termI'm trying to figure out the tax implications of this transaction.