All Forum Posts by: David Nadelstumph

thanks everyone. I am currently looking at IPX 1031 exchange to see if i qualify

looking for reccomendation for crowdfunded 1031 exchange company. I recently sold a rental property and would like to try and defer all or part of the proceeds. i dont want to exchange into another self managed property...would like to take a break from landlording

thank you

Does anyone know of any local banks lending in the form of a portfolio loan? I sold a small business of mine and have no w-2 and not able to qualify for conventional loan.

thank you

@Jared Rine

thank you

@Chris Cambridge

thank you

I ve also been advised to contact my account manager for an asset based loan. 

I recently sold a restaurant of mine and my wife and I are currently looking for another small biz. I currently have no w-2 or income. I want to start an investment portfolio. I paid cash for first deal a week ago but am finding it difficult to finance future deals. The lack of income is only temporary. We have no debt and substantial savings.

Should I be looking for $ someplace else?

Thank You

Great post. I can relate. I ve been reading, crunching numbers, meeting with realtors and doing drive byes for six months. I was constantly questioning myself. I finally pulled the trigger this week on my first. Its not "homerun" but for me a start. I'll learn from the experience good or bad which will give me the confidence to move one to property number two.

Good Luck

@Albert Bui Thank you

@Upen Patel I went to local bank (bank America ) and was told that program only works for primary residence.

@Upen Patel thank you

@marc 

@Marc Oister

thank you