I didn't realize, one has to hold for a year to do a 1031 exchange. 

I’m predicting that people sitting on the sidelines due to rate volatility over the past year will realize that waiting is futile and will stop sitting on their hands.

However, I also think that a lot of people who set out to pursue this strategy miss the fact that it is literally a lifetime commitment to deferring taxes, which by definition means not realizing the gains.

From analyzing deals to exploring creative financing, I’m realizing that success in this business is about persistence, relationships, and constantly improving. 

Today is very different as it is all about the management (and not appreciation) compared to past where management could suck but you still had superior apprecation.This will not crash housing of course but all those "creative" deals where people are paying more than market value are going to realize they have no exit. 

People realize they are not going to get 1/3 of value whether it takes a month or a year because of holding and closing costs.

I just realized that section8 and forcing the value in a home "FOR RIGHT NOW" is not for me.

At first I thought 10.625% until I realized that was for your down payment.

(I did not realize this until I hired another firm to fix everything truebooks had "helped me with")Mid August 2023 - I get an email "Your taxes are done".

Once that extra rental started generating income, he realized the higher interest rate was just a temporary hiccup on the way to bigger returns.In your case, maybe look at a structure that keeps your best cash-flow property on a lighter refi (say 50% or 60% LTV) while you go a bit heavier on the one that’s not producing as much right now.