#1031 exchange the rest of the way What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

If he is only having hard money for a few months the delta between 7 and 10-12% is not that much.There are many other reasons, but those two I see are the most common I agree on the speed, but if a conventional lender is taking 60-90 days on a 1-4 unit deal, I would have some concerns on what exactly they are doing.

Next goal for me is to do my first multifamily( 4 unit) deal in San Diego either through 1031 exchange of my condo or  (my cash  + friends cash).

@Erik B.The easiest way would be to sell and roll the equity into the next deal, a bigger one than you have right now.Refi is probably out of the question.

Regarding an attorney, it depends what you're looking to speak with them about - i.e. entity structure, partnerships, property acquisition, contract terms, etc.Anything related to a property or a deal can wait until the week of (sometimes the day before) contract review.For starters, I would recommend attending local investor meetups.

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What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?