If a borrower has sufficient income to service the debt at contract rate, but not the funds to reinstate the loan in full, one may still be eligible for a mod that just capitalizes delinquent interest and starts the borrower over.

Hey @Brian Legg , you're in a great area, so don't sell yourself short of opportunities just because you don't have the capital. 

Would love to hear what you finally decide on doing with your investment capital!

For capital gains it depends on when you bought it. 

Later stage notes return principal faster, thus reducing the amount of your invested capital faster, but your yield remains constant. 

Start wholesaling to get capital and use that money for buy and hold properties.

The cash saved by not contributing to 401k can only become 62k (and that is without the capital gains taxes considered).  

Hey BP Community,We have a home that has been in the family and has not been declared as a rental for tax purposes due to various family members and friends living in it.It has come time to sell, and the question is whether or not we need a 1031 Exchange in order to avoid Capital Gains Tax?

Hey BP Community,We have a home that has been in the family and has not been declared as a rental for tax purposes due to various family members and friends living in it.It has come time to sell, and the question is whether or not we need a 1031 Exchange in order to avoid Capital Gains Tax?

I didn’t do this because I was investing in Baltimore, I would’ve done it had I picked any another city/area to protect my capital and make sure my investments are good.