All Forum Posts by: Bryce Maikranz

I am being relocated for work to an area that will allow me to get a USDA loan near Cookeville, TN. Not sure if I build I will get a desired cash flow when I move out.

Does anyone have experience investing in rural America that could weigh in?

What are everyone’s thoughts on using a real estate investing company such as Networth Realty to purchase “deals” on? Would you recommend a company or self-analyzing deals?

@Luka Milicevic thank you for the advice. My hope would be to hold onto the property and gain equity through renters and appreciation. Cash flow would be minimum but I believe the value of the house will increase within the next 5 years because of development in the surrounding area.

Refinancing gets a little tricky because of a THDA loan I did with the FHA. Because of suggestions I have reached out to my finance guy to evaluate options. Thanks again!

@Greg Scott Long term I would like to be able to cash flow multiple properties through buy and hold investing. My original plan with this property was to live cheaper than it would be to rent through house hacking. I was able to run some initial numbers last night and would be able to cash flow very little after all expenses. I was able to get away with no cash out of pocket for a down-payment, so maybe this makes sense?

I have reached out to my finance guy to ask him about specifics. Thanks for the suggestions!

I bought my first home in Nashville back in July and due to a new job opportunity I am possibly moving within a few months.

My original plan with the property was to house hack, but now that I am moving this is not possible.

What options do I have to avoid getting a ‘let agreement' (FHA loan) and the minuscule capital gains tax on a sale?