From the day we take title you then have 180 days to sell the properties you want to exchange into this new property.Reverse exchanges can be a great way to lock up your new asset first and mitigate some of the risk associated with trying to get someone to give you a contract contingent on several sales. 

Current Situation: I purchased my first duplex back in June and have lived in it the last several months while I am giving the place a complete update (new flooring, paint, windows.. etc.).

I also was the company controller for a manufacturer for several years and have a degree in accounting. 

If you are looking to purchase a home that needs rehab I would sit down with a mortgage broker and discuss your options and tell them you want more info on the FHA 203k loan and the Fannie Mae Homestyle renovation loan.I have had several clients here in Connecticut use both loans with success and they typically chose one or the other based on their personal situation.

Personally I don’t like dealing with ADU’s or in-laws unless I can make several hundred in equity off the bat.

For instance, with tenant screening, there are several companies to choose from where other platforms force you to use just one provider.

I liked the pitch and signed up for their several thousands of dollars mentoring program. 

I made the mistake of doing several at one time and just got swamped with these BS inspections.

Credit is only one of several criteria that should be considered, and frankly...

I had several that would structure it as a certain amount of dollars per door plus 1 months lease up fees.