When selling a primary residence you have lived in 2 of the previous 5 years you get a tax exception on profits of $250k for a single person and $500k for a married couple filing jointly.

Yesterday, I applied for a loan through a couple program approved lenders and an investment friendly lender recommended by bigger pockets.

There were a couple of variables at play like time of year and agent showing the property..3.

Between Oregon and AZ residential and commercial we have around 23 units with only a couple of small loans.

A couple other things that I would recommend clarifying is that they will be responsible for the permits, both opening and closing them. 

The book is useful for understanding how to structure deals, assess risks, and think like a lender, rather than just an investor.Pair this with engaging in forums like this one and attending local meetups to put what you learn into practice.

We didn't need to rehab except for a couple units when they became empty and we used cash flow (so no additional capital needed).The rents are now $10,700/mo and we are cash flowing well. 

@Ambica Pilli Couple of questions, from 10 units to what's your realistic max?

Miami, as a market, is the pretty primo.Lived here for quite some time & sold a couple months back. 

$800k at a couple extra percent means it’s costing you AT LEAST $16k PER YEAR in additional interest.