The boys anyway just need a few tiny or mobile homes with a couple shops they can work on their cars, trucks and motorbikes. 

My application says the home should rent for $1500 and is worth $195k. 

After expenses, it will be cash flowing 1k/month.My thought of doing a 1031 exchange seems like an option..trade in a 170k house for a few 250k homes and increase my portfolio by 600k.

BP Family - I am currently under contract to purchase a long term rental home and will be closing on July 12th.

So FHA has two sections:FHA section 203(b) is intended for properties that are move-in ready.However, FHA section 203(K) enables homebuyers to finance the purchase of a home and the cost of its rehabilitation. 

In the mean time, if you're interested in a CMA for the home I would love to help out with that! 

The Guarantor agrees to be personally liable under the terms and obligations of the Debtor in this Agreement.Borrower's Known Assets: Home in Florida with 300K+ in equity, bitcoin in wallet $500K, 401K $500K+, two small businesses (equity unknown).I hope this is enough info to get the conversation started.

Those are home runs.

Should I be forming my LLC in my home state (NY), Delaware (LLC friendly) etc.?

I purchased 2 homes from Bennah Oaks almost 3 years ago, delivery was supposed to happen early  2022..