All Forum Posts by: Jason Dillard

What do you mean "trade and bring my lender with me"?

I asked the Google to get a less vague answer: The owner of the investment property looking to make a tax deferred exchange. The taxpayer who is completing the tax-deferred, like-kind exchange transaction. An exchangor may be an individual, partnership, LLC, corporation, institution or business.

I'm hoping someone else can answer.  Anyone? Anyone?....Beuller?

An exchangor is a principal or agent that improves  a client's or personal situation by exchanging current property ownership benefits for an improved set of benefits, as defined by them, to be realized from the process.  

So I own a free and clear vacant residential lot that gives me a certain set of benefits.  One of which, its holding my equity in pretty safe spot.  That's a good benefit...I not loosing equity.  However, I have to pay taxes every year and I'm not a builder.

Is is possible for me to improve my benefits with my equity?  Sure.  Especially if I am an exchangor.  I want to get a little more than its worth, not pay taxes, and not pay real estate commissions.

Go find a builder and start making offers WITH THE LOT to buy a house.  So builder gets cash and a lot.  The builder needed cash....and a lot.  He is a builder.  The benefits of equity in the lot to a builder was greater than my benefits I gave up.

So....What are the benefits that I gained now that I own a house?

How many people really know what an exchangor is? Why would you call yourself an exchangor? Does BP need a category dedicated to exchangors? How do exchangors make money? Anyone out there that focus on being an exchangor?

You can negotiate your terms on the lease back.  

Always assume the leaseback tenant will fail.  If the market rent is not comparable to the lease back, if you have to rent the house out yourself, you may have negative cash flow.

Same thing applies to the value.  Make sure their value is in line with the true market value.

If want to email me, we can set up a call.

I wouldn't handcuff myself to one buyer's agent.

Location is less important than the seller's motivation.  

If want to email me, we can set up a call.

I wouldn't handcuff myself to one buyer's agent.

Location is less important than the seller's motivation.  

I've been in Greenville SC investing for over 20 years.  I don't take clients for single family stuff, but I'd be glad to help? 

@Waylan Liu if you trade your equity, you can use it all to go up. Why refi and leave 20% or more of your equity stagnant? Brush only 80% of your teeth and the rest will get cavities. You have a quarter million in equity that's a path to cash for your next seller. Make offers with the houses on a 2 million dollar property. Increase your cash flow, appreciation, depreciation, and utilize leverage. If what I'm saying sounds like a different language, learn more about Equity Marketing.