Bank financing was facilitated but not finalized due to deaths of partners.

Huge difference paying for furniture in cash $30-50k up front vs financing it over 30 yearsMy cash on cash ROI goals require me to outlay as little up front cash as possible and buying furnished homes facilitates achieving that high ROI

Michael, if the purchase was facilitated by a wholesaler, how would this affect the way we go after the actual seller?

Your dad will need a QI in place to facilitate the 1031 exchange.

Even the savviest of investors have joined Renatus and share stories of gratitude http://3030-vision.com My concern is the facilitator states he was broke when he began, as am I.

By listing and renting on the OTA’s like AirBnb and VRBO you never lose the ability to occupy the property because they are not facilitation a legal lease agreement.  

Bank financing was facilitated but not finalized due to deaths of partners.

A LOI is to initiate a general consensus of intentions, to be followed by exploration of details, to facilitate setting of exact details to transaction.

Because it is a more complicated process, the exchange fees are higher (around $7K versus $1200) but in the big scheme of things it could be to your benefit.When you speak with the exchange accommodators, ask them for referrals on lenders that can facilitate this, as not all lenders can make this happen.

Sponsors made millions or tens of millions in acquisition fees, loaded them up, and were happy, in some cases, to layer in 1031 exchange facilitation into these types of deals using DSTs as the cherry on top for even more guaranteed, often upfront, income.