Our CPA has suggested that Cost Seg is for investors with millions invested in real estate, and more predominately on the commercial RE side.

Purchase price: $400,000Multifamily duplex in Merry Oaks, each unit is 2 bedroom and 1 bath, this transaction was a Judicial sale sold as is and was subject to 10 day upset bid period with Mecklenburg County w/ free and clear title, 6 months later & Zillows zestimate is $577,100 before any repairs or updates have been made. 1827 Merry Oaks Rd, Charlotte, NC 28205 📍#realestate #realtor #investing #property #houseflipping #realestateagent #biggerpocketsWhat made you interested in investing in this type of deal?

Hello -- We're interested in multi-family (commercial).  

But a 1031 exchange is designed to free you from that death trap of taxes. 

As noted, almost all the information is available for free on the internet.  

Do your homework and reach out to some of the companies that offer these types of self directed retirement accounts for some free consultations...

If you're an accredited investor looking to diversify your portfolio with commercial real estate, I'd love to meet up and chat!

Again, I sold my company so I don't have any current projects and plenty free time to do this myself.

And it may be worth it if paying off the other loan frees up significant cash flow in reduced mortgage payment.2.

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.