Updated almost 8 years ago on . Most recent reply
1031 tax exchange to buy bigger property
Hello investors,
i own two 4 units in washingtin dc. The first one is worth around 550 and i owe 355 and the second one is worth around 650 and i owe 337. im thinking about selling these properties and using the proceeds to buy a 20 to 60 units in Dertroit Michigan. is this a smart move? or should i reconsider? im also looking for commercial financing.