They forced the City to stop dumping sewer water in the River and even now on hot days it smells awful under the bridge at Platt Street across from the Convention Center.

Assuming the 1031 fall through for what ever reason I will have to do a conventional sale.

My next step is to network as much as possible, if you know of any events (in person or digital) please let me know!

When I had a pest control expert come out to look under my primary residence, I crawled under there with him to look for fungus/mold, termites/ants, and water issues - I learned more doing that and listening to him than I ever have watching Youtube videos or reading forums.If you have structural specific questions regarding conventional residential framing, wood/masonry/brick/concrete construction, or just general questions regarding the integrity of a property, shoot me a direct message.

Last year we bought 70mm in apartments and had a negative tax return while making double digit returns 🤪.

@Nicholas Duffus - You simply use non-conventional loans, such as commercial loans or DSCR loans that lend based on the cash flow of the property and not your personal DTI. 

I was thinking of using FHA loans to get into houses with a cheaper down payment and then living in them for a year or two and then using the equity I’ve gotten in the house to refinance it to a conventional loan then renting that property out and just getting another FHA loan to just repeat that process to acquire rental properties.

conventional financing with 25% down payment

Not sure if conventional or FHA is better.

Hi All,Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow of these properties as qualifying income, that is, if I go buy additional four under the conventional underwriting?