I am looking forward to meet other Investors, Realtors, Money Lenders, Contractors, Lawyers and anyone who wants to connect.Thank you,Spinning Properties

Here comes Ben with his negative spin on TK.  

They could sell and do the 1031 and then refinance the new property and use those proceeds to pay down the mortgage on the property they already own.It does feel like a wheels spinning exercise if all they want to do is reduce debt overall.  

When I sell we'll spin that in the listing description as  "....LOTS of country charm!"

Not so much as new but putting a New spin on it.  

They usually spin it as "this increase is to preserve your investment" or some line of B like that.  

I have listened to so many podcasts also on the subject it would make your head spin!

I'd be looking for a little better comfort level than that before spinning my wheels on a process that may amount to nothing.I much prefer to deal with local lenders who can say something along the lines of "...I walked down the hall and spoke to the underwriter in person, explained your situation, and they felt good about it."

All the federal numbers are cooked to prop up consumer confidence along with rosy media spin.

@Aaron Cooper is right. what it really costs you is TIMEso if you're not good at sales and you have no idea what screening is.....you're going to spin your wheels for a while... that will actually cost you many dollars more down the road...