Or am I totally off, and the seller has to perform the conversion before I can make an offer?

I would also share pros and cons of paying taxes on the windfall versus owner carry.

The one thing that’s so annoying is when you watch a webinar that was sent by email on Safari if it cuts off you gotta watch it from the start and it didn’t let me fast forward. 

If it's worth $1.3 million today, it will be worth $3 million or more in 20 years, you'll have paid off the debt (or most of it), you'll earn at least $3 million in cash flow over those 20 years, and you'll have tax benefits.

Showing off my data will only give people the wrong impression.

If you can’t do a 1031 to a non-income tax state, figure out a year when you will have lower income and tax rates ar as low as possible.

There were people in PA who got hosed because of some contract for deeds from harbour back in the day where I believe the current holder had to go back and reamortize the loan and some of them were paid off or close to it when the buyer thought there was still a good amount of UPB left.

AT MOST you rent it out for 2 years and then sell it but honestly you’re probably better off just selling it.Assuming zero vacancy and zero capex you’re going to make about $12k/yr.

With Airbnb prices rising, we loved the idea of investing in a few different small apartments scattered around the world so we would have a virtually free place to stay, and when we were not there we would make money off of sites like Booking and Airbnb.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.