Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago on . Most recent reply

Best way to finance furnishings when using 1031 exchange
I am using a 1031 exchange to purchase 2 STR's and from what research I have found is I am not allowed to use those funds for furnishing a property. What is the best way to finance the purchase of furnishings. I have some cash to do it but that will run me dry of my cash reserves which I would like to keep on hand for any unforeseen situations. Also, I know the cost will vary based on style and location but what is a good estimate for a 4 bedroom 2500 sqft property on cost to furnish properly. I have read anywhere from 10-15k all the way to 40-50k. Any input would be appreciated.
Most Popular Reply

John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
- Investor
- Greer, SC
- 15,411
- Votes |
- 12,620
- Posts