Reverse exchange help
I am def. interested in a 1031 (just a smart move) but Here is where the tricky party comes in. I have a property that is now under contract. I want to look into doing a reverse exhange only because It would give me more flexibility in searching for properties. I am looking at about 1.1 million worth of property. I dont want to put all "my eggs in one basket" so I will buying a few properties with the money I recieve from the property. My only worry is that i wont have enough time to find these properties within those 45 days in which I need to show proof of closing. I have looked around at many websites and a lot of people call a reverse exchange a "monster" I was wondering if anyone could give me some input on the matter.
on a side note:
I am very fond of this website and have used it many times to educated myself. Everyone that i talk to about real estate has heard me mention this website because you guys have helped me understand so much and i am very grateful for that. I just wanted to say that because I believe in educating yourself anyway possible. regardless of who you are and where you came from. and with this website and the internet in gerneral it is possible and i want to express how grateful i am to people like you guys who help people everyday.... OK im done