This is where I come in; I'm trying to find banks that will give us a loan against these houses to replenish our working capital to fund future acquisitions and redevelopments.

I don't have a lot of capital since I'm just starting out, so I'm trying to limit what I have to put in the deal.Any ideas?

I feel like a lot of newer investors (of which I'm one) get jammed up here and can't keep their capital in motion.

To answer the question from phcapital, yes, you do get tax benefits of depreciation with a TIC as well as regular income distributions from rents.As stated earlier, they are ideal for someone who wants to have ownership of larger scale retail centers or office buildings they otherwise would not have access to with the amount of capital you have to invest.The only tricky part about them is the exit, which was also stated earlier.

I am looking for a lender that can work with me and my company to be able to capitalize on buying properties fast with an average loan at 60-70k with a arv ltv of 60-70%, with a term of no longer than 9-12 months.

oh, and I'd like to avoid risking my own capital.

If you have any questions or have deals that you need to place please contact me asap.Thanks :mrgreen: Mike FrielingLending DirectorWestview Commercial Capital Corp

Once you convert your property to a primary residence you fall under Section 121 (the 121 exclusion), which excludes only capital gains and not depreciation recapture.

If I wanted to raise the value I would- increase income (raise rents, vacancy)- reduce expenses (capital expenses at the time of purchase to reduce maintenance costs?)

Have capital, good credit, but limited time and limited RE experience.Options I'm tossing around....