All Forum Posts by: Dustin Zenz

Hi all! I am a college student looking to meet real estate investors in the Madison area. I do not have any properties of my own, but am looking to create connections and gain knowledge. Does anyone know of any meetups in the area that are going on?

@Jai Reddy 

I'm not super familiar with the step up basis. Can you or another BP member explain the basics of this to me?

 I do not see how getting rid of the 1031 exchange would be beneficial. In my opinion, this would take take away more tax revenue than it would create, in the long run. I do not get why the 1031 exchange is being targeted for removal, I believe this attempted removal will not pass through the senate.

As long as you understand that you will not make near the income you were making starting out. Know that this change is a journey, not a one time event. I wish you the best of luck and hope to hear how the move is going for you!

Talking to friends and family may help. The more people who know, the better the chance there is that they know someone who is willing to sell(or buy).

From all the books I have read and people I have talked to, I have never heard someone try to time the market as a strategy to buy or sell real estate. For 99% of the population, timing the market is a bad idea.  

Thank you for your input everyone, I will begin exploring some different avenues for financing (seller financing and partnering). Kiera, I will check with that lender you sent me. Thanks again.

Let me know if anyone comes across any other avenues!

Can anyone share this link with me? I did not receive it in my email.

Webinar August 26 6pm

What is the link to that webinar I never received the link to it?

I have talked to 4 different lenders regarding loan options for non-owner occupied properties. None of the lenders that I have talked to can offer me a down payment less than 20-25%. I am trying to cash flow the property as much as possible, but don't want 50-80k for a down payment. Is my only option to put 20-25% down? Are there any loans that investors commit to that do not require 20-25% down? Any suggestions?