This article details the differences between investing in SFRs and Multi-Family Residences. By taking the next step up the Property Ladder you can begin to develop a sturdy real estate portfolio and begin to generate enough passive income for you to retire on or pay for the life style you want to lead. This strategic move will keep your equity working, and is the first step towards selling and replacing property.
1031 Exchanges and Cash-Out Refis are two very effective and strategic tools to use when investing in real estate. Both can help you defer taxes until a later time, and help you maintain the quality and revenue of your investments. But a solid understanding of these two tools is necessary to properly execute such property transitions, and you should understand the ins-and-outs of these powerful tools before using them to maximize your real estate holdings.