They said they will not take rent into consideration and declined me because they are using the mortgage of that new loan, my current mortgage and HELOC payment off of just my income now, which is dumb because of course I can’t qualify.  

So when you do the 1031 you will need to purchase only as much as your part of the sale.But where this is complicated is that purchasing a LP interest in a syndication does not qualify as buying real estate. 

Good concept but so much red tape it does keep us little guys out unless the qualified developers are willing to bring us into their deals.

Absent the DTI "immediate credit" he may not qualify for a new loan for the size of home he seeks inside of the 9-12 months after he sells.

It is highly specific, my recommendation is to contact the city directly with qualifying questions or have us do it for you :) In general Astoria is also a No-Go with the exception of commercially zoned properties.

I'm on board with anyone else who wants to file a class action suit against Tom and Matt Lelland. 

They could also call the local board of realtors and talk to the grievance or professional standards dept to file a complaint.

The best scenario for the buyer buying subject to is to have enough money and good enough credit to qualify for a new loan at current rates should the due on sale clause be invoked by the lender  

I wouldn't be opposed to having a little skin in the game (closing costs, inspections, etc) I would be living there paying market rent and doing the improvements myself.

I’m not a first time home buyer but wife would qualify, I want to put down less than 10%.