Also, the sale of a primary residence can qualify for a significant capital gains exclusion under certain conditions.Given the complexity of your situation, especially considering the limited partnership and owner financing aspects, consulting with a tax professional familiar with real estate investments is advisable.

Like some Guru's say you dont need hundreds of units in some expensive markets like ours in the PNW you only need a few free and clear SFR's (build multiple ADU's) or MFR's (or low leverage/free clear close to) in order to reach your financial freedom metrics.There are local lenders who can give you options even past 10+ fannie/freddie products not just relying on private capital from DSCR or non QM products (these are an option too) however there are pros and cons.Id say the benefits of the DSCR product line is that some of them can go up to 25+ financed properties while some DSCR lenders can only go 4-10 or 15 tops.

WealthAbility inaccurately claims to thoughtfully pair their clients with an elite, well-trained CPA, and tax strategy team - but we were not given a team, just a poorly vetted arrogant CPA who was late to almost every session and who never took notes on our financial situation making us feel as if we were meeting him for the first time every time.

WealthAbility inaccurately claims to thoughtfully pair their clients with an elite, well-trained CPA, and tax strategy team - but we were not given a team, just a poorly vetted arrogant CPA who was late to almost every session and who never took notes on our financial situation making us feel as if we were meeting him for the first time every time.

Although you can achieve those goals, it will likely be a long journey taking multiple many years and a lot of work to achieve.

 There are advantages to both depending on your situation.

I would expect a 7% appreciation in property value per year is also a feasible target - this is dependant on where you will be living.I have found multiple properties that are close to fitting this build for another client just this week.I would be pleased to connect with you to discuss further if you would like.Respectfully,Chris

I have personally been in this situation.

Looking for a little help, I have purchased several properties from wholesalers, done over 20 personal deals, and work at a wholesale brokerage in AZ where I have acquired and sold almost 100 transactions in the last few years, so I understand what a non refundable deposit means but this situation is very different than what the wholesaler presented. 

I understand the qualification criteria for REPS but have a slightly unique situation that I haven't found any answers for by searching...99% of my income is from my insurance agency that I solely own.