How to 1031 ~$1M + cash-out refi later
Planning to sell a 4plex in San Diego and 1031 into something worth around $1-1.5M. After adequate seasoning, I want to cash out refi the new property to access the equity. I'm flexible on what to buy with the 1031 exchange if it facilitates getting 70+% of the money out later. I've read a little about "zeroes" but it sounds like zero cashflow isn't necessary per se. Recommendations? Best practices?