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Eileen Tefft
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Looking to find a replacement property for my 1M 1031

Eileen Tefft
Posted

I need to place 1M in cash and at least 650 in debt to satisy my 1031. I'm in week 3 of 6 for the id time period. I have a trailing collateral lien attached to my 1031 so the replacement property can not be a syndication, but can be a TIC if the other TIC member agrees to the collateral lien. I just want a passive investment and would partner with a strong operator. I'm a strong borrower so can likely buy up to 4M. I'm in the car wash business currently, but am a serial commercial investor and any commercial investment that makes sense and is ready to close soon is good. Let me know.

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