Live in is a good strategy especially if you will live there for 2 years or longer (section 121 of the Tax code) you will not pay tax on gains up to $250K single or $500K married, keeping that in mind markets change, so consider where we are and where you think you will be 2 years from now. also consider if you are there less than 2 years the gains are taxable at a very high rate about 1/3 or more of net profit for most people.

I saw our wonderful relationship go down the tubes.I decided to have one more conversation with Steve, my “financial director” and wanted some other questions answered.The more questions I asked the more agitated he got and he made a couple comments that, at least in my mind, make the difference between lenders and scammers.

Keep in touch and if you get into multifamily down the road keep me in mind as I love sharing information and helping others.

Keep in mind with the market heating up and cap rates compressing, the returns are affected as well.

I also live in the valley and am always happy to network and connect with other investment minded individuals.

Keep all the other expenses in mind like taxes, insurance, vacancies, pmi, etc...

I cannot assume what is in the mind of another human, but whatever his reasons are, he is doing a disservice to his client and therefore is not fulfilling his duties.

Good afternoon BP-I am frequently in contact with a few agents and wholesalers in my area in an attempt to be one of the first investors that come to mind when a deal comes across their desk.

(I get it - I've done this multiple times myself, but you need a friend in the business to write up the bid because they are doing you a favor with no return)If you're able to keep these things in mind when talking to one, you might be able to mitigate some of these obstacles and actually get one out there.

If you genuinely believe that, and it's true, it doesn't sound like he has your best interest in mind...