A fried suggested cashing in retirements (my wife and I have 2 small ones) to get a down payment for a house to live in and keeping the rental which is producing cash and is 15 years away from being paid off if we don't increase principle pay down (which we intend to do).

If you prefer to sign up for regular Buffini Top Producer courses, they'll arrange that for you.

Make sure it actually is producing those numbers for you.That’s all I got.

Eviction leads aren't as competitive as other lead types and they do produce results.

So make sure you understand any minimum rental history requirement.Another great scenario is with a 2nd property sometimes a lender can count the pontential rental income (or a percentage of it )that the property produces.

We gave our accountant some sample reports it can produce and he seemed to think it looked fine.

This is true even for my RE that was purchased near market highs (example 2004 purchase at $741K that fell in value to ~$620K and now is worth ~$1M) and even my STR RE (duplex) that has rent of ~$15k/month (purchased at $375K and now worth ~$1.2M).I would think that in Austin the percentage return on buy n hold residential RE from the profit sources would be similar to my area with appreciation having produced a far larger percentage of the return than cash flow or equity pay down.Most of the Midwest is different.

Hi @Michael Wagner,In many cases a property producing positive cash-flow can simultaneously produce tax losses.

No one can produce a lease though.

This price is almost 50% more than the Transfer Payment option, which only seems to be offered during a sale of the house.EDIT: for anyone that may wonder why I don’t want to assume the lease, it seems like a really crappy deal to me; you’re locked in for 20 years (15 left in my case), and you must pay for all energy produced by the solar, whether you use it or not.