Institutional investors have long understood the merits of this asset class, and relied on it to gain stability that balances market uncertainty.

I'm setting up two LLCs with one for the flips and one for the rental properties.The flips will be an S-Corp exactly as you said to try and make room for some of that income to be taxed at a lower level.Having the separate LLCs is necessary not only for legal protection, but to keep the accounting separate.

@Ryan Canfield to get another FHA loan for increase in family size, you have to provide evidence of increase of legal dependents, and the LTV on your current primary that you are vacating must be 75% or less.

To legally protect yourself you need to stay the course on the eviction.

No legal advice given

The capital gains exemption is for single or married couples.

Happy Thursday to everyone,

I need some information, hopefully somebody here can help me. I know that when you are investing on a multifamily or apartment building, when you apply for a loan in order for the banks t...

If it is 15% down they could get a lot of money from you upfront and then get full recourse against you selling at an inflated price.One scenario non-recourse you learn on the property and then hand it back with minimal losses if it turns out to be a real dog.The other situation is they have full recourse against you on the loan, they sell you an inflated price, you put a bunch of money down 15%, and now they won't let you out of the dog of a property and every waking day you are dealing with problems.Owner financing can be great if set up properly.No legal advice given. 

In other words DON'T hire an attorney and keep your day job for entity legal issues and those pesky tenant lawsuits than will come up.One secret of the rich and wealthy is corporate credit or business credit based on an EIN instead of SSN which drives commercial financing deals.

I couldn't sell it in time. after moving into the apartment and having this rented out we should only be paying 38$-100$ each month in "rent/mortgage". that's our goal. so that we can save money quickly pay off debts and eventually move out of the duplex and continue to buy more rentals. once we move out that house will be very cash flow positive and we will be selling said single family house unless we have a very good tenant but even then it's to be sold within 3 years or ill have to pay capital gains taxes thanks all!!