Account Closed, I'm not a CPA or tax lawyer, but as I understand it you can't offset earned income over a certain point (I think $125-150k/year, not positive).

hey i appreciate your feedback!

Prior to that, you may be able to get a loan based upon the appraised value, but it will typically be at a lower LTV which will basically put you in the same position as if it were based upon purchase price.

Any feedback would be greatly appreciate!!

Otherwise refinance to pull out every dime, assuming it will cash flow, and rent it out.If it will not cash flow positive with maximum leverage you should be selling anyway.

However, oftentimes this is difficult to do in our market, so the option fee that they pay usually helps it so that we are able to get the majority of our money out of the property.The rest of the money we have left in the property we create 2nd position performing notes that perform at 11-12% APR that we sell to passive investors. 

I've been involved in investing in northern NJ and PA for about 3-4 years now, so willing to provide any feedback I can for you.Bottom line: good investments are to be had anywhere, so long as your team and system are good.

I would appreciate any input on my approach, feedback on my post, and answers to any questions, even if it's only one.

You can always start out with multiple LLCs and then change your position as time goes on.

Once you understand a 1031 tax deferred exchange system - you'll be in a position to make and save thousands of dollars in taxes and be able to grow your real estate portfolio to an unimaginable net worth!