, or my all time favorite, an amount equal to what they “would have made’ had they invested in Apple stock in 1986 instead of purchasing their home.

Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.

These are 3% down and allow you to source your downpayment from gifts or grants as well.

They would essentially gift the money from the lenders perspective, but from the 1031 perspective the funds will be transferred directly to escrow at closing so it may satisfy both sides.

My favorite saying for my investors is: if the numbers work, buy it.

Your favorite guru told you to cold call, drive for dollars and knock on doors.. and you become obsessed with it and you do nothing but sign contracts just because the seller won't budge below market value.Then sure absolutely, you will have trouble finding a cash buyer, you will have trouble getting a deal done.

I know how the news likes to sensationalize things and politicians like to drive in wedges to get votes (border control is a favorite of neofascists especially), but in reality it’s a non-issue in my experience on the ground.

My favorite part is that we can take the percentage of the structures assessed value (assessed improvements value / assessed total value [including land] = Percentage) and the play our purchase price by the percentage to get our depreciable basis (not including acquisition/closing costs, of course).

My thought was that we would ask for the money for down payment in the form of a “gift”, and then do all of the work of finding and purchasing the right property, budgeting and managing all of the renovations (and doing most of the labor ourselves), and selling in the span of 4-6 months. 

Perhaps my favorite agent @Brian Howse can assist?