if i 1031, can i use part of the funds for escrow?

[DJ Cummins]

Hey Everyone,

I am not finding a definitive answer on this.  Lets say that I am looking into possibly selling a property and should have a profit of around $50,000.00(that's pretty exciting!).  I have the chance to purchase a property that will require around a $40,000 down payment.  My question is, can i used $40k of the 1031 for the down payment, and then use $10k to help fund the escrow account?  Or will all $50k have to be used towards the down payment?   

thanks,

DJ