All Forum Posts by: Jared Crouch

I apologize if this question has already been asked. Can you use a 1031 exchange to sell a rental property and purchase a business? 

A little background, I am in investor in Austin TX with with Duplex/SFH's and want to explore my options.

Thank you in advance. 

I agree with @Bryan Petrinec Be patient and don't do be scared to get a little creative with a value add. 

Best of luck with investing!!

@Patrick Diamond Could you please send me the spreadsheet you are using?

Thank you

@Curt Smith Thank you for the advice. I pitched this idea to seller today, they have a mortgage so won't be easy but hoping we can work it out. 

How much does a MLO cost? How is the best way to find a local one?

Thank you

Would you mind telling me which lender you used? 

Thank you

@Eric Guiltinan

Our current residence is not an FHA loan. We put down 5% to get conventional. I'll do more research but I thought I'd fire off a quick question to see if anyone in the BP world would know.

I agree it's much easier to cash flow with 20%. I'm saving most of my cash for better for with  better cash flow potential.

I was told I cannot use an FHA loan for an owner occupied duplex if I already own a property within 100 miles. Is this correct? If so, how else can I finance an owner occupied duplex without putting down 20%. I feel it defeats the purpose of living in the property if I have to put down 20%. Thoughts?

Thank you in advance! 

Has anyone had any experience with corporate housing in Austin? Either with duplex of SFH

Thank you