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Updated about 6 years ago,

User Stats

69
Posts
83
Votes
Marjeanne Fields
  • Real Estate Agent
  • Phoenix, AZ
83
Votes |
69
Posts

JV Partnership with a 1031 for MultiFamily

Marjeanne Fields
  • Real Estate Agent
  • Phoenix, AZ
Posted

Hi Everyone, We are doing a JV partnership on this multi family deal we found in Texas. Have an interesting challenge though.....

I have an investor looking to possibly 1031 exchange. However, we have already gotten approved for the loan. Lender is saying it will take two extra weeks to close. Seller does not want to push past December 31. 

Any suggestions on possible ways to bring in the 1031 and get this deal done without extending closing? Any and all suggestions are welcome. 

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