My Wife and I are looking to purchase our first rental to start building cash-flow (typical story, building generational wealth).

Hello, my name is Angela I am trying to start this journey but I am not sure how to start it. 

Say you start a STR and use the loophole to write off 100k from W2 salary. 2 yrs later the rental goes underwater and you have to give it up at huge loss.  

I am looking to start my real estate investment journey but it is difficult starting out in the bay area.

Im have started my private/hard money lending business and looking to have money partners to grow my business since I have ran out of my private money.

The ratio of new jobs to new home starts is a staggering 2:1 making that growth sustainable.

This post is for seasoned investors.You are starting out and do not have a mortgage, yet.

Another thing to be mindful of if you use a bank/commercial lender is the pre-payment penalty many include in their loans if you choose to refinance (many have descending penalties in years 1-5 that can start upwards of 4-5%).

Ask @Dave Foster for any 1031 questions…But I’d start with these…Are you planning to pay all cash for the replacement property since it will probably be either impossible or expensive to get the loan in the LLC’s name.Why are you putting the property in an LLC?

This would be our first investment and like many starting out, I want to properly educate myself by learning and doing as I go on with this project.