I am aware of the 1031 exchange, but how much are you pocketing after all is said and done?

Hi all-I am a Newbie from St.

the terms are 6 3/8 rate(buying it down), owner non-occupied investment, stated income, 30 year fixed, interest only for first 10 years, 20% down.the big bummer of it all is the 2% cap on the seller paying closing costs.

Hello to all...I am a new investor in Oklahoma.

Hi all,I have a full time job (like many on this board I imagine), I work in NYC and rent (ridicously high!

jlabelle,first of all, i love posts like this - people always jumping the gun trying to "correct" everyone else.bank certified appraisers or appraisers who do appraisals for banks...is that a better description????

Since this is more than the purchase price, (due to market forces, or property improvements) it allows the investors to pull out their initial 20% cash investment.

For some reason, all I was picturing in my head were wall mount cabinets.Jeffrey, that makes no sense to me.

Right now I was thinking about purchasing to rent out for monthly cash flow maybe I can get something that is already tenant occupied I know I really need to get a clear picture of what it is I want to do first. all I know is that I need to do something while I still have the couraged.

Everything is in place and all I need to do is close.