Thank you all for your comments.I read all comments and I appreciate the feedback.I will comment on a few of the posts in my response below.Here are a few things I'd like to mention...Patrick was a valued member of our Multi-unit Acquisition Program (MAP).As a member, we determine one's purchasing power and diligently search for deals that meet their criteria and purchasing power.In real estate, there are a lot of moving pieces.

I can lend up to 100% of the purchase price and 100% of the rehab costs for experienced investors on 1-4 unit properties.

Once I was deployed on a submarine in the North Atlantic and they helped my wife with a 1031 exchange on the sale of a home and purchase of 2 other properties.

My team is looking to purchase a new property each month of 2025.

Yes quite a few of our 5,000 options have rate and term or purchase!

There is a catch - the couple wants to 1031 the funds into their sons next larger project which is TBD.

Any advice or recommendations on where to purchase a long term property for rent are appreciated!

He is 69 and does not want to reinvest (1031 exchange), which leaves me having to make a much larger investment on my own to meet the 1031 requirements which is more than I’m willing to do at this time.

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

You might consider hard money for the initial purchase or going with a DSCR type lender if you find something that is more turnkey.Hey!