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1031 Exchanges

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Jordan Buie
  • Rental Property Investor
  • Nashville, TN
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Buying multiple properties at once

Jordan Buie
  • Rental Property Investor
  • Nashville, TN
Posted Oct 25 2015, 22:53
So, let's say I own a property worth $300,000 in one city that cash flows decently, but in another city, two hours away (where I moved from), properties are much less expensive per quality and cash flow like crazy. Is it possible to sell the $300,000 house and instead qualify for the loan and use the equity to buy 6 or more $40,000 homes all with one deal and one lender and in a 1031 exchange?

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