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Updated over 7 years ago on . Most recent reply
Creative financing help
Hi Everyone,
Thanks for reading, would appreciate your insights on my current needs.
I just sold a property in mid-may and i have 120k of equity and at least 100k of a loan i need to 1031 exchange.
I have been searching in Texas and Indianapolis with a preference on indy for cash flow.
I found a seller who's selling a package of 5 duplexes and 3 sfh's for about 350k (meets my exchange criteria)
I can't find a lender who will lend on this type of a package. Any thoughts or guidance on this would be appreciated. Im getting antsy as i'm a little over 20 days into my 45 day identification period.
Thanks!