Updated over 9 years ago on .
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1031 Exchange and refinance
I am working on a 1031 exchange.
I sold my condo and get around $250k proceed, what if I put some $50k cash in, and then buy a $300k property full cash. After closing, then I do a cash-out refinance to get $150k back? Is there any problem for the 1031 exchange?
Thanks.


