Rates will decrease on ALL loans once rates actually decrease in general. 

Landlord will make necessary repairs with commercially reasonable promptness after receipt of written notice from Tenant.

We've had to install bullet proof glass, leaded drywall, have a purchase contract actually read into the Congressional Record.

I've been investing for 15+ years and have a reasonably strong track record of personally acquiring and rehabbing 100+ distressed single-family homes. 

Once you know what to look for in terms of an investment in your market then you can start speaking with lenders about using that 20k to determine what you can afford and then move into actually narrowing down properties and making offers!

.: @Larry Batesi'd be cautious with "properties in a lower income area for rental properties"those numbers look great on paper, but the cash flow can be crushed by capex, deferred maintenance, vacancy, collections, and can take years to stabilize Thank you for the response when I said lower income I was actually speaking on the entire town.

It's not just making things easier; it's like they're crafting the whole experience into a journey you'd actually enjoy.Zillow's not just stopping at making the search easier.

I understand you can't exchange with yourself, but if the spirit of the law is to get us to build, why couldn't you put the profit into the actual construction even if you already own the land?  

So there are a few ways to look at this, the 1st question is are you sure your renovation’s will double the property value, most renovations on primary residences, your lucky to get 60-70% of the dollar cost back out upon sale, so really nail down your comps, than you have basically a math problem if your rate on your primary goes up how long if ever before that extra payment is more than 400k in taxes, that’s just a simple calculation to help you decide, but I suspect you actually have a different question here, from a purely financial perspective my guess is the best option is to do anything to avoid that tax hit, but one of the reasons to make money is to spend it on things that you enjoy, based on your overall financial picture and a subjective view of how much enjoyment you will get out of a renovated home, you should decide if you want to roll your profit into another deal or “cash-out” your winnings, I love cars and I’m willing to spend more than is fiscally smart on them because they bring me joy, there is nothing wrong with that, but i don’t think it’s a fiscally smart choice, without knowing your exact property id imagine a renovation would fall into that category, so that’s the terms I would use to decide.

Looking to switch so checking this thread for better choices Can you give some reasons why?