Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply presented by

User Stats

66
Posts
8
Votes
Erick Garske
  • Investor
  • Anaheim, CA
8
Votes |
66
Posts

Replacement question

Erick Garske
  • Investor
  • Anaheim, CA
Posted
I have a question in regards to the replacement property and carrying over a mortgage. I believe that the rule is that you need to carry. over at least the the same debt service from the relinquished property. In my case the prior debt service is minimal, about 28k. I would simply like to use both cash from the relinquished property and my own cash. Is the doable? Would this still be within the guidelines of the exchange? Thanks, Erick

Loading replies...