The monthly rate should be significantly less than what we have to pay in rent, allowing us to simultaneously build equity and save more for real estate properties and/or a better house to start a family in.Theoretically, when we've saved up enough to purchase a nicer property, we could move into that and rent or sell out the manufactured home in Mesa.Thank you in advance for your input!

Every lawyer I've met with locally has said it's too complicated / outside their purview because it involves estate / elder / tenant / civil law issues simultaneously.

When a Tennessee property, owned by an LLC, is sold with gains and simultaneously exchanged for another property (in a different state) under a 1031 exchange, is the Tennessee excise tax deferred, or is it due at the time of the sale?

However, I want to ascertain that y this area (or some other area), would be a great place for back to back, multiple projects (not simultaneously).

you can simultaneously refinance the property you’re holding on to.   

We analyze every single family and multifamily property on the market simultaneously, and rank them based on potential cash flow. 

Hi everyone,I just purchased my first fix-n-flip and am looking for some advice on saving $$$ and hassle.Scenario 1:  Partner with a contractor (consists of 2 people) to save on building and split profits (split would be 4 ways because I am partnering with my sister)Scenario 2:  Hire a few contractors (having a 'contractors bidding open house' this Saturday) to get multiple items done simultaneously and supply majority of materials myself.  

Here’s a quick breakdown:Pros of Using Hard Money to Grow Quickly:Speed: Quick funding (often within 1-2 weeks) compared to traditional loans.Leverage: Allows you to take on more projects simultaneously, maximizing ROI.Flexibility: Less stringent qualifications compared to conventional loans.New Builds: Yes, some hard money lenders fund new construction, but terms and interest rates may vary.Cons of Hard Money:High Costs: Interest rates typically range from 10-15% or higher.Short Terms: Loan terms are usually 6-12 months, sometimes up to 24 months.Risk of Overleveraging: If the project doesn’t go as planned, you’re still on the hook for high monthly payments.Recommendations for Wisconsin:Look for local lenders with experience in funding new construction.Consider reaching out to regional real estate investment associations (REIAs) for vetted lenders.Research national lenders like LendingOne, Kiavi, Lima One, and Cogo Capital, which all fund new construction projects. 

That is akin to two people attempting to drive a car simultaneously, and it usually doesn't work out well.

I do think most people are much better when they “learn and do” simultaneously.