Feel free to reach out privately if you’d like to exchange further ideas on this topic.Best,Amanda@Youssef Pullman

@Eric Helena, There is no statutory prohibition against purchasing from a related party to complete a 1031 exchange. 

In our still relatively limited experience, seller financiers are usually looking to get a higher asking price in exchange for the favor of the private loan. 

They may be willing to share insights about their expenses, which can serve as a baseline for your estimates.- Build Relationships with Vendors: Getting quotes from local contractors or vendors for common maintenance or repair tasks can give you a clearer picture of recurring costs.

Does anyone have any leads or insight on how I might be able to acquire both properties? 

This day in age just a simple phone number exchange is how I do business. 

Would love to hear more about your goals and exchange ideas!

I’d love to hear more about your goals and where you see yourself starting in the investment space.Looking forward to connecting and sharing insights as you grow your expertise—don’t hesitate to reach out if you ever want to chat or bounce ideas around!

My primary focus is on the BRRR method, with a greater emphasis on appreciation over cash flow.For those with experience investing in Cleveland, I’d greatly appreciate any insights on neighborhoods worth focusing on.

Down the road, you can also use the 1031 exchange to defer taxes as you go from property to property, as long as they are like for like.I hope that helps get the ideas flowing....