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27
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Evelyn Tilman
  • Real Estate Agent
  • Oklahoma City, OK
8
Votes |
27
Posts

1031 exchange buying a portfolio.

Evelyn Tilman
  • Real Estate Agent
  • Oklahoma City, OK
Posted

Hey everyone,

I would like some feedback on this scenario.

I own a property worth 95k

Want to buy a portfolio of 9 properties at 800k.

Will sell mine and give seller 10%down and they would finance for us. Was thinking of using a 1031 exchange to do this.

Is this doable since the seller is the one financing?

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