It’s worth reaching out to your local tax office to explore options.

However, given that we anticipate completing this project well before that timeframe, I’m exploring alternative solutions to better align with our timeline to get our investment back soonerThank you again for your assistance! 

If they’re really in a bind, you could even explore something creative, like seller financing or a subject-to deal (where you take over their mortgage payments).

Or explore what BP has for calculators under the 'Tools' section.  

A great way to start is by learning how to analyze deals and exploring strategies like buy-and-hold or house hacking.

Start by exploring books, YouTube channels, market research, and analyzing trends in neighborhoods.

Starting with remote investing, like in Charlotte, can be an option, but it might be worth exploring local opportunities in Orange County too.

Selling and exploring a 1031 exchange could make sense if you can find a deal with stronger cash flow or faster equity growth, but the key is comparing your current return to what your skill and experience could generate in another investment.Here to help,Jorge

For me, the first pass at underwriting is simply about determining if a deal is worth exploring further.In the current market, I’d say 9 out of 10 deals are dead on arrival.

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.