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Updated almost 10 years ago on . Most recent reply

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13
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2
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Tami Walker
  • Investor
  • Panama city beach, FL
2
Votes |
13
Posts

1031 Exchange Contract names

Tami Walker
  • Investor
  • Panama city beach, FL
Posted

I am thinking about buying a new home with my 1031 money. House with be ready in time for closing. Agent wants to do paper work in my name. Then put my LLC on the title. Is this correct? My 1031 exchange is in my LLC name.

Also I don't have all the money I need for down payment . They want 20% down because I am paying cash. What options do I have for finding down payment money. I need 27K.

Thanks

Most Popular Reply

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8,998
Posts
9,366
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Dave Foster
#1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
9,366
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8,998
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Dave Foster
#1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
Replied

All of BP breathes a collective sigh of relief :)  

Your QI should have the answers and processes for all of your other questions.  If not feel free to call me.

  • Dave Foster
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The 1031 Investor
5.0 stars
94 Reviews

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