I also think that demand for U.S. treasury bonds (which underpin most fixed rate permanent debt products) will dramatically decline over the next 20 years, which will cause interest rates writ large to substantially increase across the board.

This is why you need to make sure you review your file prior to even getting the hard money loan because what if you do not even qualify for a conventional loan then you'll have problems and might not have a net benefit exit strategy.

I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).

If they have anytype of real estate license, you can also contact the state's Board of Realtors and file a complaint.

There are no memberships, no mortgages (for you to qualify for) and once you invest; your work is done.

This is a perfect time to get your qualified intermediary involved if you don't already have one.

In order to benefit from a 1031 exchange to defer my taxes will I need to convert my primary residence into a rental property and if I do, what's the minimum amount of time that I need in order to hold it as a rental to make sure it qualifies for a 1031 exchange?

If in Texas, a lease purchase option longer than 180 days without consent from the lender to receive payment from the tenant/buyer is not possible.Also, you can assume the obligations of a VA loan -- it is a non-qualified assumption - meaning the lender is not qualifying or approving of the assumption. 

Thank youGerman It is the CA Franchise Tax Board's position that an out of state LLC owning an out of state property run by a California resident would still need to register in California:https://www.ftb.ca.gov/forms/m...

Thanks so much for your help in advance I would see if you could do a rent to own or seller finance. you are going to have trouble getting financing without income for a primary residence as the lender has to follow federal guidelines and your ability to repay - which if you do not have income that makes it challenging to qualify.