(1) $1.63M minus closing costs minus $500,000 (because we can take that as cash, tax-free, and it doesn't count as boot), with a loan of at least $450,000 b/c that's how much we had outstanding on the current property(2) Only the net (let's just say like $1M, forgetting about closing costs right now, just for math's sake), minus $500,000 (because we can take that as cash, tax-free, and it doesn't count as boot), so that's about $500k that must be rolled into the new qualified property... plus we need a loan of at least $450,000 b/c that's how much we had outstanding on the current property, so we're looking at a property of about $950k-ish(3) A totally different amountTHANK YOU

You can only push rents so far so you need to buy right and increase operational efficiencies to maximize income on smaller properties or get into larger properties with more income. 

I probably value my time to much tbh.Fourth My Relationships the sum is greater then individual parts I couldn't be where I am at 23 with out my mentors and friends that have lifted me up along the way.Fifth My Knowledge Its one of two things no one can take from me and can recreate the success I may lose in the future.I believe that the last three are the most basic components to building real wealth but with out the first two there is no reason to push and grow all success would fill dead and hollow.Your turn guys!

A non furnished 12 month lease for an updated 1/1 in the area is running $1,400-$1,600 per month, and a furnished unit can push upwards of $2,000 per month.

It may be too late now if you already shot your credit but one thing you can do is open up more credit cards and keep rolling 0% balance transfer offers to various cards. 

Ask for an updated rent roll now before you give notice so you have updated rent, lease terms, etc. 

I got 96 rolls of tp, 2000 plastic forks and 1000 styro plates at a scholarship auction for about $40. 

Hope that helps.Pete, that's how we roll too and it's okay with many - maybe 60% of the tenants pay water like clockwork directly to the municipality, 20% pay when reminded and 20% have issues and I end up paying for it with taxes and then collecting from them. 

So we waited 3 days over a weekend to talk to the loan officer to make sure that what I wanted to do(put 1% down for earnest money and roll the closing fees into the loan) was possible however, when the loan officer finally said it was alright, we tried to put in the offer and found out the seller had accepted another offer that day.Am I just trying to do things with a VA loan that aren't possible?

Many of the regs concerning OZs were rolled out on an on going basis.