You may want to read up on wholesaling as a way to generate some capital.

In addition, we pull our own comps and use Lightning Docs to generate our loan documents.

It is already renovated, tenant-occupied (or ready for tenants), and generating income from day one.

The successful flip generated a quick profit, demonstrating the strength of our market strategies and partnership.

The question: A commerical property in a highly desireable location which could fetch $6+ million and generates about $400k after expenses became available and I'd like to add to our portfolio instead of doing a 1031.

That is why I say I don't think it is a good plan (for my lead generation standards) BUT you will more than likely get lucky and snag one deal... or 2

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

More likely, he is hoping to use the extra time to collect more rents and thus more fees to generate the funds to pay his owner clients:(

Do you have a current need for that cash flow generated from the tax savings?

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.