The Qualified Intermediary must acquire and hold ("park") legal title to one of your properties during the Reverse 1031 Exchange transaction. 

I do not know how much we will make or how often we will be able to acquire and rehab houses, so I am not sure if we should just take the profits as regular income or set up the LLC as an S-Corp.

Hey Jared,We are looking to acquire the apartments for our third investment fund, so we are now starting the search.Regards,AT

I actually just acquired a property from Networth in Austin where the values are already going out of range for cashflow numbers to make sense. 

If in ten years time you are not where you want to be as a real estate investor, if you haven't achieved your goal of not needing a job, if your properties are barely generating any cash flow, if you seem to be acquiring more properties and less equity in them, it will be because you spent your time on "motivational" education and searching for the elusive "technique" that will lead to riches, rather than acquiring a genuine real estate education, one that includes the theory of property ownership, real estate finance, real estate law, property management and investment principles.  

Background:I've currently got 4 SFR rentals (all acquired from turnkey providers) and 1 primary residence.I've got approx $40k in savings(for investing) and just acquired $100k HELOC on my primary residence.Looking for some different perspectives on what others would do with this money for a "next move".Thanks!

Currently own one rental and looking to acquire more in the pursuit of FI.

Do you plan to wholesale or acquire rentals for your portfolio?

Looking at the Fannie Mae website, I found the following requirements:Cash-out refinance transactions must meet the following requirements: The transaction must be used to pay off existing mortgages by obtaining a new first mortgage secured by the same property or be a new mortgage on a property that does not have a mortgage lien against it.Properties listed for sale in the six months preceding the disbursement date of the new mortgage loan are limited to 70% LTV, CLTV, and HCLTV ratios (or less if mandated by the specific product, occupancy, or property type – for example, 65% for manufactured homes).Note: Properties that were listed for sale must have been taken off the market on or before the disbursement date of the new mortgage loan.The property must have been purchased (or acquired) by the borrower at least six months prior to the disbursement date of the new mortgage loan except for the following: There is no waiting period if the lender documents that the borrower acquired the property through an inheritance or was legally awarded the property (divorce, separation, or dissolution of a domestic partnership).

I'm looking to acquire properties in Bergen county.