Meaning, TIME, your gaining TIME.

But it would give you time to save up for the 20% on a refinance in 2 years or give you the ability to use any equity gained to refinance in 2 years.

Quote from @Shaun Ortiz: Hi Jason,Thanks for sharing your journey—it sounds like you’ve gained some invaluable insights from your experiences, even with the squirrel tenants (that’s definitely a story!).

I haven't been in Detroit long but I've gained quite a bit of knowledge there about the section 8 and housing markets there in general.

Your net gain is your net sale, minus your adjust cost basis.

So you can get the 2/5 year primary in the capital gains.  

I wanted to spark a conversation about a topic that’s been gaining traction in our industry: the balance between realtor-led showings and self-guided tours for properties.As landlords, we all want to maximize engagement and find the right tenants as quickly as possible.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

A better option if you can swing it is to purchase with your own funds, gain access, then refi into a loan.

Taxes: Be aware of potential transfer or capital gains taxes, depending on your state.4.