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Updated over 8 years ago on . Most recent reply

Jean Norton's profile image
Jean Norton's profile image
Jean Norton
  • Flipper/Rehabber
  • from Austin, TX
  • Member since Dec 3, 2009
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405
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Jean Norton's profile image
Jean Norton's profile image
Jean Norton
  • Flipper/Rehabber
  • from Austin, TX
  • Member since Dec 3, 2009
Connect
Jean Norton
  • Flipper/Rehabber
  • Austin, TX
168
Votes |
405
Posts
1031 Exchanges

1031 or Borrow Against Equity to make down payment?

Jean Norton
  • Flipper/Rehabber
  • Austin, TX
Posted

I'm thinking of helping my husband buy an RV PARK (transient construction workers).  He has a free and clear duplex - does it make more sense to sell the duplex and 1031 or to borrow against the duplex to fund the down payment for the RV Park?

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