I own a few mortgage notes (bought of FCI), and was wondering if I can use 1031 exchange to defer taxes into another note purchase, same way one would do it with a property.Thanks,Ariel

So I bought my first house (woo!!)

Another thought occurred to me though: What if we bought a vacation rental type home and rented it out on the weekends and only lived there during the week for the year (actually only 9 months) that she'll be employed out there, then turn it into a full time vacation rental when we're done (I don't think there's as strong of a long term rental market in the area).

If you bought it for retail  price and you are moving out of state, I would  sell it, take the tax free profit, and buy in my new hometown once you know the market there.

I was considering doing one right away that I bought with cash I 'borrowed' from one of my entities so the refi had no cash out and hence, no seasoning. 

A lot of people lose on flips because they bought too high and they underestimated the rehab costs

If i bought it outright, i think he would take like $3-5000 down and maybe the balance in 2 years.....Any guidance is greatly appreciated on what you would do with this deal, being 'creative' of course.I wouldn't feel right signing an option with him and not being able to cash him out after two years. 

I’m brand new to this game and have zero deals thus far. 

However, I'm a techie by nature, so most of my time is spent learning how to program in various computer languages as well as develop websites and apps for individuals and small businesses looking to brand themselves online.WHY REAL ESTATE? 

If you go the turnkey route, I've always bought turnkeys and there are a lot of turnkey folks on here who can help.