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All Forum Posts by: Zachary Carver

Zachary Carver has started 1 posts and replied 2 times.

1031 Exchanges

Post: Can I use a 1031 on the sale of my primary residence?

Zachary CarverPosted
  • Wholesaler
  • Oklahoma City, OK
  • Posts 2
  • Votes 5

@Jillyan MacMorris Keep in mind you have to live in the residence 2 out of the last 5 years to take that tax benefit. If you haven't lived there for 24 months, you may have to pay capital gains. 

1 Vote
Aurora, Illinois
Private Lending & Conventional Mortgage Advice

Post: Lending on a 20 Single Family Home Package

Zachary CarverPosted
  • Wholesaler
  • Oklahoma City, OK
  • Posts 2
  • Votes 5

I am going to shop our local banks next week for lending on 20 properties at once. I have a relationship with these banks but the deal is pretty skinny for the first year. My proforma numbers put the debt coverage at 1.16. Anyone know of the right loan broker to take this too?

4 Votes
Oklahoma City, Oklahoma