All Forum Posts by: Carlos Ptriawan

Why don't you guys live in East Bay and use the commuter train to work/live between south bay and east bay, there're still affordable and decent housing in area like livermore,tracy and even Manteca.

Livermore SFR costs $300-$400K, train: 50mins (compare if you drive to campbell/san jose from sunnyvale or palo alto, it's still one hour since traffic is bad ).
Tracy SFR costs $300K: train: 1:20mins
Manteca SFR costs $150-200K: train 1:40mins

And it's much much much more beautiful than South Bay.

Leaving South Bay is the best choice for me...

yea, I got some huge education from some BP members. I had the wrong idea on how the boot/debt is calculated, someone sends me the actual excel breakdown and it's all makes sense.

Excel and calculator solves all the problem without any statement or reply :)

I

With a DST you need to look at the debt on that specific deal
>>> Sorry, What do you mean, could you please give an example ?

I see it as a perfect plan with the least risky plan. By doing that do you maximize your DTI ratio ? I did an almost a similar thing but only with one rental property. How much is the monthly ROI from one property ?

There's one thing I still don't get it with 1031 Exchange. Lets say your equity in the rental property is 25%. So remaining mortgage debt is 75%.

If I do 1031, I need to reinvest the whole 100% from the transaction. Then how do I get the money to finish the 1031 transactions? Does it mean that I need to make another mortgage for the new 1031 property? 

Also, does the same thing applied to 1031 DST as well?

asap

interested of course

Anybody knows any bank that can do the following :
- offer HELOC (second lien) on rental property
- offer 10/1 ARM on rental property up to 75% LTV
- or offer HELOAN on rental