However, a general rule of thumb is to hold it in the same taxpayer name for at least one year before making any changes.

Would love to touch base with you to hear about the process you followed when you purchased a rental with a TSP loan

Hey Patrick - we are targeting more sophisticated investors who will appreciate our approach to help them drive NOI margin and make informed buy/sell decisions.  

Depending on the State in which the property is located, foreclosure starts through a judicial process or a non-judicial process. 

That’s the lowest hanging fruit in my opinion. leverage the lenders money and have great cash on cash returns… move out after a year and then repeat the process.

Strategic timing and market research played key roles in the negotiation process.

At the end of the day, it’s a big decision choosing who to invest with, but the academy is very enticing.  

Don't make your life more complicated than it has to be.

Just make sure to scrutinize it for any underreported items or inconsistencies.- Set Conservative Estimates: For CapEx, maintenance, and make-ready costs, consider building in a buffer to account for unexpected expenses.

However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out.