I personally have one property that I purchased in 2017 that’s built some equity but I’m definitely an amateur investor.

Purchase price: $1,500,000 Cash invested: $1,200,000 This was a bridge loan at 80% LTV and 9% for an experienced investor who will be refinancing out of our loan with a construction loan once permits are approved for construction.

Other details: I live, and work and the home I purchased is in Cape Coral, Florida.

This exchange would function in the name of the Partnership and said partnership would acquire separate replacement property that would be allocated after purchase to each of the owners individually.

@Matteo Girlando one thing to consider is find private money, make a cash purchase and let it season if your lender has any title seasoning requirements.

To facilitate a 1031 exchange where you are deferring 100% of the gain, you would need to purchase a replacement property that is equal or greater in value to the total sale price, less closing expenses.

My second property I just purchased in January, a 3 bedroom 1 bath condo that rents for 1,300.

I’m looking to purchase my second property (hopefully a duplex) and believe using a home equity loan is the best way to tap into my equity to use as a down payment since my mortgage rate is 2.5%.

He is charging $175 for Word document he has and I want to make sure that it will be useful for me to use on my SFR rental before I purchase it.Pls let me know what are your thoughts on it.Anna Lee is from Dallas.

In this method, the buyer makes regular payments to the seller over a set period and then makes a large final payment (balloon payment) to complete the purchase