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Updated about 5 years ago on . Most recent reply

User Stats

93
Posts
19
Votes
Ayo O.
  • Rental Property Investor
  • HOUSTON, TX - Texas
19
Votes |
93
Posts

Dealyed financing on a 1031 Property

Ayo O.
  • Rental Property Investor
  • HOUSTON, TX - Texas
Posted

Hey BP,

I plan to use the proceeds of a 1031 exchange to make a cash purchase of another SFH. My plan is to do a delayed financing(sort of modified BRRRR) about 6 months later to get my funds back out.

Is anything wrong with this picture? Are there any rules against this approach?

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