Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property. 

I have purchased numerous courses.

I have a separate positive review of this individual on BP.We spent a great deal of time formulating a strategy.

Our portion out-of-pocket was the $3K deductible.I'm friends with numerous apartment owners. 

In this situation, can all the partners claim mortgage payment as expense in their individual taxes (or just the partner who owns the mortgage)?

Your 1031 will ultimately be only as good as the individuals directly assigned to your exchange.  

Ironically it's normally the individuals who go to the greatest lengths believing they are protecting themselves who are the most reckless in the way in which they operate their real estate.

My team is also well connected to this sector of the industry allowing us to be experts in Land listings as well as have access to numerous Off-Market Listings.

Median individual income is 25K a year, and the median rent is $1200/mo.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.