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Updated almost 18 years ago on . Most recent reply

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1,340
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Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
587
Votes |
1,340
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Planning my out

Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Posted

Ok so I'm in week 2 of my first rehab, about 30% finished, and I'm trying to think of the best way to move forward after. I'm thinking a good plan would be to take some of the profit and put it towards a cash flowing rental to hold onto, putting some back in the pot towards my next rehab which I'm actively looking for, and keeping a little for my personal use. I'm trying to satisfy a 1031 exchange, and delegate this money the best I can to keep moving along here. Sound like a good way to go?

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