This is a 1031 exchange.  

I would like to learn more about how to increase income from our rentals and possibly do 1031 exchanges in the future.  

@Jarell Stokes - Welcome to the vibrant community.Below, is the link to a BP blog on Wholesaling from which you will be able to uncover some new tips or build upon existing knowledge.http://www.biggerpockets.com/renewsblog/2015/01/31...Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.Good luck and best wishes with you REI activities.  

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Good Evening BiggerPockets,Are there any members interested in sharing a 1031 Exchange experience?

I can then take the Security Instrument to Paul the Private Lender and say, "Paul, I have a 50K Mortgage on a property worth 80K and once it is done it will be worth 160K, are you willing to lend me money in exchange for holding this Mortgage?

In fact, they can handle Commercial, Industrial and Residential projects with the same precision and accuracy.

Lynn, unfortunately by receiving the proceeds in your name & not in an exchange intermediary name you violated the 1031 requirements.

I'm buying the property (but in another context, I'm really taking a loan at a really great interest rate) and will be exchanging, at my convenience, the collateral to another property that has the equity and cashflow to support it. 

utm_source=search&utm_medium=internal&utm_campaign=books Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.