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Updated about 2 years ago,
Is it possible to 1031 a property and pay back rehab costs?
I rehabbed a 3 family using a mix of hard money and my own credit. I have been renting it out for the last year and was hoping to cash-out refi to pay back my investors and myself but my appraisal came back too low for me to pay back myself. I am considering selling but would like to 1031 exchange-- is it possible for me to pay myself back for the rehab costs I put on credit if the money isn't tied to a loan?