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Updated over 5 years ago on . Most recent reply

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James Smith
  • Member since Dec 23, 2017

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James Smith's profile image
James Smith's profile image
James Smith
  • Member since Dec 23, 2017
James Smith
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Buying & Selling Real Estate

140K... What should I do?

James Smith
Posted

Hello BP,

I am in the process of finishing a house and will profit 140K. I am considering a 1031 Exchange to purchase a 4plex or bigger. This house is completely paid off and in a C+ neighborhood. I really do not want to  rent this house due to the location and area. Any input or advice would be greatly appreciate. Thank you.

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