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Updated over 1 year ago,
1031 Exchange Multi-Family Opportunities
Hello BP,
I am currently looking at getting into multi-family units (2+ units). I currently own 3 SFR's and am under contract with selling one here in Boise, ID. I will have approx. $365K to put toward my next investment through a 1031 exchange. I have until September to identify based on my closing date. Current market here is still pretty hot and costly. Typically prefer class B areas.
I like the idea of staying local but am open to out of state areas as well. Looking to maximize monthly cash-flow with the intent to buy and hold. Looking for opportunities you may have or some pointers on areas that may be worth looking into. Thanks!