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Updated over 4 years ago,

Daniel Hoffman's profile image
Daniel Hoffman's profile image
Daniel Hoffman
  • Wholesaler
  • from Collingswood, New Jersey
  • Member since Mar 3, 2016
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Daniel Hoffman's profile image
Daniel Hoffman's profile image
Daniel Hoffman
  • Wholesaler
  • from Collingswood, New Jersey
  • Member since Mar 3, 2016
Connect
Daniel Hoffman
  • Wholesaler
  • Collingswood, NJ
0
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5
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Buying & Selling Real Estate

Selling -> 1031 exchange

Daniel Hoffman
  • Wholesaler
  • Collingswood, NJ
Posted

Hey Bigger Pockets community. I am new to real estate and looking for advice.

I'm renting my first home and the tennants are moving out. My realtor suggested selling as the property has appreciated well. I'm considering a 1031 exchange, but have cold feet. Is it a better idea to hold and take a HELOC to grow my portfolio?

Thanks for your advice in advance!

Dan

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