Using a combination of a HELOC and Hard Money (or Private Money) could allow you to BRRR a rental property without having to bring much cash of your own.

Think of it as a combination of broker and direct lender.

Those three combined done nicely will make any house look great.

It would truly break my heart to see a perfectly good building knocked down for another modern Multi million single family home.

Understood; we have enough cash coming out of the combined transactions to replace the mortgage component of the current properties if we do a partial.

I am in the process of getting my money together (HELOC combined with hard money) and networking.

But there is a way to combine the two and have the seller carry a note but still do a 1031 exchange.

Using modern technology is critical to learn and use.

I would assume that for any expenses within the LLC, those that aren’t part of the partnership (LLC filing, office/home expenses, etc.) would be combined with my share of the partnered expenses.

There is also a Modern apartment project that should replace the Rigs low income building.