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Updated about 6 years ago on . Most recent reply

User Stats

399
Posts
256
Votes
Kyle Mitchell
  • Multifamily Syndicator
  • Greater Los Angeles Area
256
Votes |
399
Posts

1031 exchange my SFR's to MF?

Kyle Mitchell
  • Multifamily Syndicator
  • Greater Los Angeles Area
Posted

Hi everyone,

I currently have 9 SFR's in 3 different states and want to sell them as a portfolio and then 1031 them into a small multifamily. Are there brokers out there that can sell off all 9 in a portfolio since they are in 3 different states or will I have to sell them off in 3 separate packages? And is this a strategy that makes sense? All 9 currently cash flow and are above the 1% rule.

Thanks,

Kyle

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