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Updated almost 3 years ago on . Most recent reply presented by

Account Closed
  • Rental Property Investor
  • San Diego, CA
16
Votes |
44
Posts

How to 1031 ~$1M + cash-out refi later

Account Closed
  • Rental Property Investor
  • San Diego, CA
Posted

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?

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