Need some tips on a 1031 exchange

[Kenny Tran]

2 questions:

1. Does your 1031 exchange have to cover the whole down payment of a property? For example if my profit from a sale is 50k but I need 100k for a down payment for the next property can I bring in the remaining 50k or does the 1031 have to fully cover the down payment of the next?

2. Can I sell a portfolio of my rentals and 1031 it into 1 building like an apartment? I have 6 single family rental properties and was wondering if I can just sell them as a package and 1031 the combined profits into 1 building?