Plus his on air persona is a likable guy who seems to genuinely want to help (maybe he did start off that we, we have no way of knowing).

A 1031 exchange defers all taxes by reinvesting in a like-kind property, preserving capital for long-term investments but adds complexity and future tax obligations.

In 2021, Omaha was ranked the #4 city for new homeowners- and I think with the next wave of QE heading for markets, the gap for affordability in high-demand coastal metros will just make midwest flyover cities that much more attractive to would-be homeowners, in particular remote workers.Within Omaha, there are entire neighborhoods being refreshed by investors and homeowners alike, as well as new home developments popping up on the outskirts of Omaha left and right.

I understand it has to be a “like-kind” property and I have 45 days to find another property after it sells, and 180 days to close on another property.  

Originally posted by @Jacob Sampson:I am an investor not a gambler. 

-Jimmy There is no average because there are few flips that are alike and what might take one guy or team 3 months might take you 3 years.

Looking to learn more about real-world experiences with DSCR loans from both investors and brokers alike.

Gamblers remorse.... 

If you want another layer of protection get an umbrella policy.You don't want to trigger the due on sale clause for a likely low interest mortgage.Also if you aren't operating your LLC 100% you likely only have a false sense of security. 

I got a like for my earlier post on this and thought it was worth updating my status.