With most of the homes paid off we are almost but not quite making enough to retire now from rents alone so we are thinking of tapping into the equity to make up the difference (of course the debt service is going to eat into the rental income). 

I am eager to get started on locking in my first investment property and have questions on what my best approach would be.I own my home and have been making slow improvements to it over the last year I have had it.

Happy to make a connection for you.Your commission and split will be laid out by your managing broker.

While we knew that all hard money lenders are not created equal, and some could be good….we knew from our own experience that using hard money could cause a deal to fall apart by making the process less seamless than we needed it to be.What ensued was a month-long nightmare that tested our patience and threatened to derail everything we had worked for.The lender moved at a snail’s pace, bogging us down with endless requests for additional walkthroughs, appraisals, and paperwork.

This can help you manage your tax bills better.Professional Image: Running your investments through an LLC can make you look more professional to lenders, partners, and tenants.

This duplex is in a very desirable neighborhood so it will make conservatively 600-$1000 each month in positive cash flow.

The process can take between 30-40 days.

It's not a mind-boggling salary, but it's enough, and the economical decision would be to move into a LCOL area and thrive.

The Qualified Intermediary that you select to support the Exchange is important and price is just one of the factors to consider.Happy to make an unbiased recommendation if you’re looking for more options.

Goal was to flip to make quicker cash than long term hold.