Hi,Please help my parents!!!

Tenant turnover in 2020 with holding cost of $2064.93 Monthly cash flow right now is $498 after paying PM and mortgage.

There were plenty of qualified tenants for me to choose from and all of their parents co-signed.

I know Biden has floated the idea of eliminating the 1031 exchange, but until that actually happens (I think there would be VERY strong headwinds against this) I am going to continue utilizing it.If you're fine with holding the property, yeah, cash-out refi or a line of credit is the way to go, but that doesn't address the question of gains when the property sells.  

My partners and I formed a parent company in WY and a subsidiary llc in Ohio to purchase a real estate investment property (where we purchased property in 2021).

FinancingTo get a mortgage from a bank might be tricky given your age but with your part time job, you might be able to fins some money or you could get a parent to cosign.

My credit score is also very good in the 750 range, but this has not seemed to help much in the past when I applied for a COR.Full disclosure: as I am still technically a student pursuing my graduate degree and working as a consultant on the side, my primary residence is still my parents' house.

I wanted to work from there and not waste time driving back and forth from my parent’s house, which was 45 minute drive, one way.

I can come up with about $70k for a down payment.Currently renting a house from my parents and they want me to buy it ASAP.

My parents own one rental as well and they're looking to get about 3 more this year.