Although I knew nothing about it, I went the extra mile and gifted him the most expensive fly-fishing pole I could find.

My brokerage seems to be against it saying that it is complicated, risky, and a lot of extra work.

For me I insist on buying extra title insurance to cover the fee..

And of course, all septic systems in TX need to be permitted.

Just make sure your basement project is done with permits and quality finishes so the appraised value reflects the upgrade.

They protect your wallet.Oh, and +1 on stashing extra tile.

It’s not a huge loan, but I don’t want to risk losing the property over just a couple of extra months.Any advice, contacts, or guidance would be greatly appreciated.

In the installment sale, just remember the interest you receive is taxable, and any cash you take that doesn’t roll into a 1031 is considered “boot” and could be taxable too.One creative angle some investors use is to pair an installment sale with bonus depreciation or a cost segregation study on the new property if you have extra basis for depreciation (assuming you already did cost seg on the old property).Even if part of the gain from the old property gets taxed with or without an installment sale, you get fresh deductions on the replacement property to offset some of it.

Be sure the ARV supports the extra debt and leave room for overruns.

The key is making sure the rental covers the extra debt and you have an exit plan (refi into fixed debt, pay down and etc.).