Yes, any cash you take out of a 1031 exchange that isn’t reinvested into a like-kind property is considered “boot” and is subject to capital gains tax.

My conversion rate was higher because they kind of look like a wedding invite.In regard to lenders, join meetups and local facebook groups and ask for referrals.I’m doing larger commercial deals now and found I wasted a Ton of money on direct mail.

They are a national organization that promotes all kinds of creative real estate deals. 

My personal thoughts are to search for "deal analysis" kinds of videos on youtube.

Please note that contrary to common belief a lender can NOT prohibit a transfer, they could only declare such transfer a item that allows them to accelerate the note.Up until now, very few notes have been “called” due when title has transferred.  

Thank ye kindly. :) 

In real estate, blunt honesty often protects people from common pitfalls or predatory advice that oversimplifies the challenges of investing.

I am kind of flexible on price point, something under a million for sure.

I am kind of nervous as a first-time homebuyer and first-time investor investing out of state and looking at markets across the country.

Thank you so kindly for the advice.