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Updated over 1 year ago on . Most recent reply
Attention Creative Finance Minds
I currently own one 3-unit building and one 6-unit building. I have the option to purchase another multi-unit building. I have cash for a commercial down payment, but wanted to know if I could do it another way? I have great equity in each of my current buildings. Any advice will be appreciated. I have thought about a 1031 tax exchange, but really don't want to sell my 3unit at this time.
Thanks
Sean
Most Popular Reply
Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Lender
Pro Member
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- Fort Worth, TX
@Sean Galligan the obvious answer is just doing a cash out loan on either property. Have you considered that at all?