Over the next 3 - 5 years I plan to 1031 exchange all of our single family homes and purchase another 40 that won’t have mortgages (we use the lease option model to sell our properties to maximize profits so we cycle through properties every 3-5 years).

If I can do this my case will be much stronger for a private lender to give me money in exchange for moderate returns on their money in the form of a note. 

I was thinking it would be nice to start a small network group and possibly exchange some deals!

They explained that Fannie Mae (according to an exchange with their Servicing Portfolio Manager at Fannie Mae for a similar but not an exact loan) does not allow PMI removal for improvements already included in the original loan’s scope until after a two-year seasoning period

But not only that, when the time is right the 1031 exchange is also available to defer all gain from the appreciation and depreciation. 

Securities and Exchange Commission (SEC) regulations that allows companies to sell their securities without having to register the securities with the SEC.

If I was trying to break into the industry, I would approach a few small- to mid-level sponsors and ask if you could provide help to their organization in exchange for a mentorship.

Transferring a 1031 exchange property into an LLC shortly after purchase typically won’t trigger immediate tax consequences for your wife if the LLC is a disregarded entity, as you file jointly.This post does not create a CPA-Client relationship.

@Jake Hughes A 1031 exchange is a great way to indefinitely defer all of the capital gains taxes, and gain access to that tax to use over time for your own benefit.

I am a new investor so I'm willing to put in time equity in exchange for knowledge and experience.