Hello just wonder has anyone had any experience using Loan Exchange??

that I think would need to get involved to make an exchange like this legally binding. 

A lot of coaches (if they're good) should be able to shorten the learning curve for you individually, by understanding precisely where you're at and tailoring a plan for you... but ultimately, I wouldn't lose sight of the fact that you'll still have to put in the time and get your own first-hand experience with it - that's where the real, tangible learning happens.

Sure, a seller may offer you 5%, but if they're smart they will ask for a higher sales price in exchange for giving you an advantageous loan. 

If this is a long-term rental (LTR) and you make > $150,000 per year you aren’t eligible to offset non-passive income (W-2, 1099, etc.) with losses from your rental - they get carried forward into future years until you can use them OR reduce capital gains on saleThis is called the 1031 Exchange.

I would make the purchase with a 1031 exchange, putting approx. $220,000 down, financing 8% on 20 years, payment of $2,593. 

After expenses, it will be cash flowing 1k/month.My thought of doing a 1031 exchange seems like an option..trade in a 170k house for a few 250k homes and increase my portfolio by 600k.

This is referred to as a "Reverse 1031 Exchange".

Instead of the precise address, you can describe the general location or neighborhood where the property is located. 

They couldn't deliver one out of the two properties for my 1031 exchange.