A 1031 exchange is NOT available for owner occupied property so that’s the bad news.The good news is for owner occupied primary residences, for married couples, the first $500,000 of pain is tax free.No need to worry about a 1031, live in the house, sell it, use the $500,000 exclusion and you pay KP tax on whatever profit may exist,2.

Primary residence loans are less risky than investment property loans, which is why they have more favorable terms than investment property loans.

We have a member of our team called the "Resident Success Coordinator" whose job is solely this. 2) Flat-rate management- We are not a percentage-based company.

I am finding that most credit unions will only do helocs on primary residence.

. - the appraised value is super low, if you get what you are looking for, I would expect those taxes being significantly higher putting more pressure on the cap rate- it’s a beautiful, unique property.

Investment Info:Single-family residence buy & hold investment in Crowley.

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Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence buy & hold investment.

And once you convert it into your primary residence it is no longer eligible for a 1031 exchange.