Investment Info:Single-family residence buy & hold investment.

I also have significant equity in my home, which I believe gives me a HELOC option for acquiring my first property to BRRRR or flip once I feel educated enough to  do so.The BP podcast has already taught me so much, and I'm gratefully here hoping to learn, share, and apply all you amazing people have to teach. 

You can use a 1031 exchange to buy an investment property and later convert it into your primary residence, but there are a few rules to follow.Hold as Investment: Typically, you should rent it out for 1-2 years before moving in.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Talk to your CPA about doing a carryover but I would advise buying another investment property.

Welcome to one of the great Community of people who helps each other. 

Looking for thoughts/experiences on buy and hold (5-10 years) land banking starting 2024 in the path of solar development - Kern County, CA. 

I would not trust an average number.This will be very specific to your management, your lease, your leased property, the area etc.Some people have made money, but I've not heard much about arbitrage lately, and some have lost money and  not honored their lease.In general this is just a job and not an investment, so it's widely discouraged in this forum.

If you are in an FHA loan and you want to buy another home using FHA you would need to refinance before getting another FHA loan regardless.If you have any questions feel free to send me an email I enjoy helping and offering loopholes.

This is a great place to learn and to connect with people so take advantage of all the great resources.