Account Closed  absolulty I would in no way advocate second position or gap funding in any way.. for those that do not have extensive real estate and construction experience.

Develop an extensive email list of “interested parties” and periodically contact them with “soft advertising”.4.

I have seen instances where a 1031 exchange was not required such as1) The overall gain from the sale of the investment property was very small or even negative2) The taxpayer had enough passive loss carryforwards to offset the gain.A 1031 exchange is a very powerful tool put it has to make sense before going forward.

Usually when wholesalers can't find a buyer before the close, they will try and get an extension.

We love that our guests are almost always repeat visitors, making the AirBnB feel like an extension of our home versus a true commercial business.

@Ricky Hernandez As a Realtor with extensive experience, I typically guide buyers through the process.

Thanks for any help’ Yes we're licensed there and FHA guides in one state apply to all states unless a state has a specific law that supercedes the FHA lending guideline.FHA is always 3.5% down minimum (in some cases less because you're using a DPA or down payment assistance program or 2nd lender to put down over all a lower down payment than 3.5%, Aka for instance 3.5% DPA + 96.5% FHA = 100% financing but just dont kid yourself this is fully 100% leverage and to be used with caution and carefully).In the case of 2-4 unit FHA is still 3.5% down payment @Matthew Kwan @Carlos ValenciaThere are rules regarding FHA such as:- primary residence - you must occupy one of the 2-4 unit property as your primary over 50% of the year and the underwriter needs to believe you will remain and have the ability to live in there, any deviation from this and you'll get a whole laundry list of conditions asking you to prove why you should be believed to be living or will live there (if this arises dont be surprised, it just means the UW doesnt believe you).- SS rule - self sufficiency rule - gross rents of all potential units 2-4  X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.

For instance, if you are renting homes at $2,200 per month and decide to raise the rent by 3.99% (bringing it to $2,287.78), the likelihood of tenants moving out is generally low, especially if the market supports that price.Best of luck in your property management journey!

(A partnership tax return is due March 15th, so in this instance, the partnership return will need to be extended).2.

Extension: Borrower may extend this note once for up to twelve (12) months.