Quote from @Dawn Roy: My response is not relevant to this transaction as it appears everything is going to work out with your lender. 

90% transactional.. my investments are just a few A class with zero debt..

Would you be willing to share what you charge for your transactional funding loans?

When you learn to partner with professionals who are well-versed in this segment, most distressed property transactions are quite straightforward.Myth 5: Distressed Properties Are Not Obtainable with FinancingThere is this perception that distressed properties are cash-type deals.

The QI will facilitate the transaction by holding the proceeds from the sale of your New Jersey property and using them to acquire the replacement properties in Florida.Make sure to follow the 1031 exchange timelines: you must identify potential replacement properties within 45 days of selling your New Jersey property and complete the acquisition of the replacement properties within 180 days.  

I would absolutely use an attorney to facilitate this type of transaction.

You and your legal, tax and financial advisors should review this transaction in greater detail, especially the PLRs, to ensure you understand the significant risks involved and are structuring the transaction as close as possible to the PLRs to mitigate some of the risks.

Do they require payment on site or do they give you a certain number of days to close the transaction?

Must have tools: you need some type of evaluation metric and/or tool that you are comfortable with and are willing to walk about from a deal if it doesn't meet your requirements.also, a deal is a term for a transaction, not to be confused with a "good deal".

Couple this with the "Cash Distributions from Capital Transactions" clause and you begin to see the real problem.