All Forum Posts by: Bryan Zuetel

@Lucas Allmon, is this property in Santa Monica or Los Angeles?  Because it sounds like people might be setting you up to come under the onerous rent control laws, which would complicate your project.

@Logan Allec, I'm getting into the Indiana investment market this year and didn't realize that they switched this.  Thank you.

What do you mean that IKRE, LLC is selling its equitable interest in the property? An equitable interest could be 2 or 3 different scenarios that I can think of.

@Joseph Varnau, generally the information regarding the 1031 exchange on here is correct. Although unusual for syndications, there is the 1031 option known as drop and swap, where a syndication LLC or LP would modify and transfer the ownership structure of its members/partners to tenants in common with sufficient hold time to prove intent to hold for investment for the exchanging owners. This comes with certain limitations and difficulties, so it's best to consult a professional for advice on this issue.

Welcome to BP, @Harsh Patel.  I also live in Mission Viejo.  I agree, I love Orange County but have not invested here.  I would suggest that you consider out of state markets for real estate investing and read the Long Distance Real Estate Investing book.  I'm invested in Atlanta and Philadelphia, and soon, Indianapolis.

@Mikael Winkler, if you paid all cash, ask the lenders about delayed refinancing option available under Fannie Mae guidelines without having to wait the 6 months for seasoning.  If you financed the property, go back to the same lender and ask to explore options for a cash out refinance with that lender.  If they worked with you for the acquisition loan, sometimes they'll provide you some creative options for the refinance cash out.

@Simmy Ahluwalia, I'm interested in some properties that you might have available.  Please send me info at [email protected]

@Mark Hart, is this property still available?  Please send me info at [email protected]

@Lillie Hernandez, please send me info on this property, [email protected]

Please send me info, [email protected]