Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

50
Posts
50
Votes
Paul Doherty
  • Rental Property Investor
  • Mc Kinney, TX
50
Votes |
50
Posts

How hard would it be for a newbie to 1031 a house into notes?

Paul Doherty
  • Rental Property Investor
  • Mc Kinney, TX
Posted

If I've never done a 1031 or notes how bad/hard would it be for me to try to liquidate a house (I'll net about 170k) and use my QI to hold the money and obtain notes instead of new properties?  I assume this is a valid use of the 1031, since it can be used to swap houses for land, commercial buildings, etc.

Would there be a problem finding the notes within 45 days?  What does one look for to get a good return on the note but not get a second-position note (or is that OK)?  Does anyone on here specialize in arranging such a transaction?

Loading replies...