@Blake Kirby I just finished the first half of a successful 1031 exchange for BP clients from California...the second fourplex closes early next week.

Your best bet would be to find a portfolio lender whose niche aligns with your investment strategy.

We sold a 2 bedroom condo in San Diego that would rent for about $2K (my daughter lived in one room, exchange students paid $1K/mo) and were able to buy 3 homes in Coos County via 1031.   

I went with Cornerstone Davis Kangas took care of the 1031 exchange.

Best way to scale and build wealth is to 1031 exchange and I can help show you examples here in KC. 

Multifamily real estate has traditionally been a stable asset class, and the Washington D.C. metro has traditionally been a stable market area, making the two together a good safe bet, especially for anyone with a long-term view of their investing strategy.

Exchanging out of a property you’ve fully depreciated. 

If you are going to be doing the rehab work in exchange for equity then that value needs to be determined up front with a specific timeline that you have to adhere to in order to earn your equity.

My immediate goal is to acquire our first property and spend the next two years mastering the basics of real estate investment. ( Refining the Go and No property search criteria/ Learning the value of taxes and avoiding them as much as possible/ 1031 exchanges) Depending on my wife’s career orders, we may remain in Baltimore for 1-2 years, but I’m also exploring opportunities in West Texas, Sierra Vista, AZ, and Houston, TX.

I would reinvest in a another property and use a 1031 exchange to detour taxes.