Everything went really well except for the fact that they sold the loan to a hedge fund before closing and the hedge fund's fees were added to the loanguys fees and it all added up quite a bit so I changed my mind at the closing table and used a private lender that is friends with the closing attorney. 

And it can work really well for you as long as you pay attention to the statute requirements.In order to defer all tax you are selling investment real estate and buying investment real estate of at least the same value you sold. 

That's my takeaway as well.   

Raising your credit score will get you far better rates personally as well as with private lenders for your LLC. 

If you hold for 2 years then sell, I feel very strongly that you will do well. 

We have six properties under management with JWB (five purchased from JWB) and “it ain’t going so well”.Ask Me Anything 

If you can get your Vantage Score up 50 points, you will see positive results on the mortgage scores as well, it just may be 30 or 40 points or could be 60 to 80 point increase vs Vantage increase of 50 points. 

Well done, Brian!  

I don't know the %, but I would still guess 90% washout or never hit their goals, but I do see some "graduate" and seem to do well long term. 

I am doing by the room as well and it has been a struggle to find a pm that will manage it!