you do not want software its too expensive - you will want to use a third party loan servicer.

Investment Info:Single-family residence hard money loan investment.

The friend who shared this deal with us offered to provide the loan.

Depending on the loan amount for the new property, roughly a little over half of the gain could be deferred through the exchange.Without a 1031, they’ll face taxes on the entire gain, including federal capital gains tax (likely 15% based on their income), California state tax, and depreciation recapture, potentially totaling $130-150K.

Do not use American Money Loan Services or Tom Vanderlaan.  

We financed the purchase using a combination of cash and a hard money loan.

If you are using a loan, well there is simply no inventory in Cleveland.

I have leveraged VA loans, not for this case though. 

I have found some information that might be helpful John.There are government backed programs like Fannie Mae Homestyle Renovation Loan and Freddie Mac Home Possible Renovation Loan, in addition to the FHA 203k loan. 

 - Fannie/Freddie (f/f) residential conventional loan is the cheapest money available.