Have you ever considered using private money loans for your real estate deals?

Found my real estate agent on bigger pockets.

If you qualify the 10% down second home occupancy loan is going to keep more money in your pocket and the interest rate will be lower.  100% of my business is helping clients with financing for STR’s in all 50 states.  90% of my clients used the 10% down second home occupancy loan (we have a unicorn) and the rest is for the most part DSCR.  

For a property to qualify for a 1031 exchange, it generally needs to be held as an investment or for productive use in a trade or business, which typically excludes properties built with the intention of selling.

@Nubia Silva, that's a cost of doing business.

I already own an LLC (residential contractor) and understand the liability benefits of running this deal through the LLC.I'm only asking about the differences from a business perspective (taxes, showing the income as business income vs. individual income, etc.). 

Remember don’t assume the other satisfaction is not real till you have actual evidence.Let’s Meet up in Orlando next time I’m there. 

Real Estate News in BriefWhat a week!

Hello Everyone, I'm looking for some advice on how to get started with real estate investing using the BRRRR method with $50,000 to start, particularly in Birmingham, AL.

Hey All,I am thinking about moving out of the direct management of my rental units and moving into other real estate options.