Oh and they also earn interest on the cash they keep as reserves. 10 points extra credit to anybody who can spot something wrong with this 'solution' to the crisis.

Individual....if there is a cash offer then they could care less if a cow is buying the property...just as long as they get cashed out.

It doesn't sound to me as though you have any DAMAGES, and you if you're planning on suing the INDIVIDUAL it is likely a WASTE OF TIME and MONEY.Over 95% of all judgements against individuals in the US are WORTHLESS.

I have all the same locks and I have about 8 extra sets and I move them between buildings and apartments.

I just joined BiggerPockets and am excited about both the opportunity to meet individuals with real estate investing backgrounds.

Does the loan need to go to an LLC or can it go to an individual as sole propriator.

This is probably one of those things I should just go ahead and ask my CPA, but I thought I would see what the experts here thought first.I was wondering if a cash out refi or massive home equity line could be used to shield an individual from capital gains tax upon sale.

I'm currently in the process of trying to find individuals whom I can borrow money from and/or partner up with to build up a rental portfolio.

If I could have another year like 08, that would be just perfect for me (with a few extras, of course) Look forward to reading some of the goals on here and seeing if I can help make them a reality!

With my extra time and money what could i do?