I am invested in mostly stocks and bonds and know nothing about real estate.

The bank is giving you all the money to purchase and all the money to renovate in exchange for just 3.5%.

If you ever want to chat about strategies or exchange insights, feel free to reach out!

And the rest can be deferred indefinitely in a 1031 exchange. 

There is a lot of really old housing stock in our area, but I really thought this would stand out.

I’ve been in real estate awhile, and I’m always looking to connect with people across different markets, so I’d be happy to exchange insights!

And unfortunately, even when a syndicator is performing above projections, if the stock market comes down, that LP is likely going to stop investing based on asset allocation rules.  

I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

While there is less multifamily stock than in the Northeast it does exist and deals are out there

So for example, you give the seller $5k upfront in exchange for the right to purchase a property (let's say worth $200k today) for $250k in ten years.