Recognizing the opportunity to combine steady income from existing tenants with the ability to develop the lower level for Arbol Eatery and other amenities, I pursued direct negotiations with the seller.

Recognizing the opportunity to combine steady income from existing tenants with the ability to develop the lower level for Arbol Eatery and other amenities, I pursued direct negotiations with the seller.

If we do a sale, usually we'll pay off a bunch of debt or if our debt is getting high and we don't want to sell, we'll re-fi a property when our interest rate is about to reset anyway and pay everything off.

but if you have $0 in savings, thousands of dollars in credit card debt, and have never set foot inside an actual house for sale, you have no business paying for coaching, or buying houses. 

I have access to deals with no debt that provide monthly distributions. 

The #1 thing that sustained the US, the #1 export of the US for decades, has been DEBT, US Debt......

The number of properties an LLC owns can influence DSCR (Debt Service Coverage Ratio) loan approval for several reasons.

A combination of these approaches could create lasting, scalable solutions across Texas.

The appraiser will do a 1007 to determine the market rent and the lender will use that figure to calculate the Debt Service Coverage Ratio.

And then you will purchase a new investment property and all of the gain is tax deferred indefinitely as @Jaron Walling said.The way to combine and get both advantages would be to move out and turn that property into an investment property for a year.