Through this trust, a Mexican bank holds the title to the property on your behalf, while you retain all ownership rights.

DC properties are expensive, but they probably do not hold a candle to the crazy prices in Boston. 

Dave Ramsey probably wouldn’t approve, but it’s how I was able to scale up to 29 buy n hold SFR.

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

Knowing the average bP buy and hold investor this type of information would be for advanced investors that deal in the back end of real estate not the front end like most who just want to buy a house for under market rehab refi rent or flip. 

How do you set up/collect the security deposit hold?

The cash flow would be nice, but are you planning to hold for a long term or refinance before the balloon or sell?

We make people take photos of themselves holding their ID and then I also meet them in person for the showing - at least for my units on the NW side of Chicago.I've never heard of these testers, but I am not surprised. 

Quote from @Martin Jones: Hello, I'm young individual who is interested in long term buy and hold multifamily real estate.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.