Hi All! My wife and I are anxiously waiting for our SFH rental property to close mid-Sept. We’ve had this property for over ten years and plan to take the equity (via 1031 exchange) and invest into a larger project(s...

What’s your criteria because the game changes depending on the size of the asset that the owner holds.

Finally in a position to move the money out of it and would hate to see more of it fade away to the IRS at this point in the game.

It's a built to suit and the developer has this tenant locked in. I

Also congrats man you'll crush it in the game !!!

Which brands and styles that I use depend on the level of rental property that you are placing them in. I

I have been reading, listening to podcasts, reading forum posts and excited and ready to jump in. I

But of course the contractor could play some games with the "discounted rate".I'm hoping others will chime in as I'm sure others have done this.

@Ellen O'Neill yes I think that is viable and as mentioned above as long as someone is contributing to helping you pay of the mortage you are ahead of the game.

It’s incredibly basic.Let’s say you have one NPN note and the exit strategy is a loan modification.Current monthly payment: $1000I discount that payment by 20% so I look for $800 monthly to come inI then consider purchase price for note: 20k (for ex)Workout expense: 3.5k (for ex)TOTAL all in expense 23.5k$800 x 12 months gives $9,600 of income9.6k/23.5k gives a 40% cash on cash return