If you build a good relationship with the banker they will call you when there getting ready to acquire another property.The two keys:1.

Land acquired and getting ready to start another is a few months.  

@Patrick Irish based on what you say, the Sec 121 Exclusion and the 1031 Exchange both seem like they'd be good options for you to defer capital gains on sale of the townhouse.Sec 121 Exclusion has 3 requirements: First, Determine whether any of the automatic disqualifications apply (acquired property through 1031 exchange in last 5 years, or subject to Expat taxes)Next, meet the ownership requirement -> you owned the home for at least 24 months (2 years) out of the last 5 years leading up to the date of sale (date of the closing)Finally, meet the residence requirement -> owned the home and used it as your residence for at least 24 months (or 730 days) of the previous 5 yearsThere is no “Wiggle Room” but there is a Sec 121 “partial exclusion” for people like you that missed the residence requirement by a few months.

Long story short I’m acquiring the house with existing tenants.  

so they would create environment where BlackRock would acquire most distress apartment/office/hotel to grab dollar for 70 cents--and single family too- by the Fed raising the rates ........ hahahahanot totally not conspiracy theory hahahahai am pretty sure this is well planned and staged by "design"there's no way Fed make mistake of not raising rates following CPE, they work for their banker's boss lol

Hello,My wife and I recently ventured into real estate investment and have acquired a 0.4-acre lot in Bakersfield, California, within an R2-zoned area, Oleander Sunset area.

I'm trying to decide when or if I should transition from "building the portfolio" and acquiring properties and move to paying down the loans and building cash flow. 

This requires a buyer to apply for a new certificate of registration prior to acquiring ownership or no later than fifteen (15) days after acquiring ownership of the vacation rental, even if it was previously registered under the prior owner.As part of the application, among many other requirements, an owner must identify a “designated responsible party” for the vacation rental, who may be the owner or another person.

One piece here is that yes you can potentially find buyers that will have a premium for successful track record + even furnishings, listings, review - but important to remember that there won't be a premium assessed by the lender in almost all situations if the buyer is using financing to acquire - their loan will be based on the pure real estate value even if they are paying more - just a tip to keep clarified so no surprises that can throw off deals

I am trying to figure out if there is a way to buy an investment property with my VA and use my LLC for the purchase or a way to transfer it over to the LLC afterwards. Is there anyone that is familiar with or at leas...