Updated about 7 years ago on .
Most recent reply
presented by
Can we 1031 into property, and also get a loan at closing?
I'm in the middle of closing, and I'm looking to use 100% of funds from 1031 we just sold, on a property we are buying, but I also have a loan already lined up behind that. The 1031 company say I can show cash being return on the HUD. Is that true? Is there a work around?
Example would be, I got 100k from selling a property, I bought another property for 100k, and used the 1031 cash, but then also got 100k loan at the same time.