Because for a certain type renter it’s just SO easy to continue renting fully furnished rather than having to spend $20-40k on furniture; come up with a down payment on a house purchase; and or worry about repairs and maintenance.  

I sold about half my stock portfolio to purchase real estate here in January.If it's not time to buy right now, when is buy time? 

HelloWe recently purchased a property through 1031 Exchange and the title is with our Revocable Trust (Trustee my wife and I).

If you’re just graduating and don’t really even have a job lined up then I think it would be foolish to rush into the purchase of a property right now.

@Nicholas Nakamura can you make a trip out there in person? 

Thank you so much for taking the time to respond.Here’s where I’m at in my journey:I don’t plan to rush into purchasing my first property.

This allows you to purchase a place at 5% down and renovate as you need to.

As it reads, a pro-rata share is "equal to the Purchase Price of Participation divided by the Outstanding Principal Balance of the Note."

Last year, I purchased a SFH under market at 7.65% interest rate and did some rehab to up the value.

Was that purchase money, rate and term refi, or cash out refi?