I'm looking to potentially buy a house with my best friend, a very savvy, enterprising kid who's 22.

The city does have enterprise zones but the neighborhood I am considering is not one of them.

It might not help your actual refi, but it would aid the community by flagging an incompetent appraiser!

You'd need to enlist the aid of a Qualified Intermediary to execute a 1031, and there are some specific rules you need to adhere to, but since you'e not on the market just yet, you have plenty of time.

Having all the separate LLCs would aid you in protecting your investment if you manage them all correctly, but your profit and time will be hit hard.

.$15-$60k loan amounts10-25 yr ams< 9% interest rateoperates NATION WIDECan handle high volumeHas sizable capital to deploy.Any aid or point of direction would be very appreciated!

Hunters Point  the one over by the cow palace, the one were OJ simpson grew up.. probably about 20 of them most in prime locations.. and all turned into mini ghettos.they now for the most part have all been torn down and repositioned.maybe if Portland wants to create housing for low income they simply need to do the same. the CITY needs to build it and provide it and run it.. why force it on private enterprise.. private enterprise just leaves the market..

Just has to be insurable.FHA won’t cover a loan for any commercial enterprise (5 family plus, or other commercial operations). 

This deal crushes the 2% rule, as each unit would pull in 4.3% of its value monthly.This is taking into account a 8.5% property management rate for the whole enterprise (roughly $100k a year, I assume you would hire two people to be full-time managers).

Another motel might be good in that location, fast food, convenience store with fuel, Walgreen's, Rite Aid?