Hi all, My relative wants to combine their $500K personal exemption & a 1031 exchange to liquidate their rental properties without paying taxes, but they are worried about missing the180-day time limits for the 1031 exchange, so they want to involve their son-in-law (SIL).

Fannie & Freddie could be a great option for you but they have some strong requirements, Net worth, experience, liquidity, DSCR just to name a few.Happy to connect & see if that product could be a good fit for you.

Also consider how you plan to finance your acquisition and what size business is feasible based on your current liquidity.✅ Focus on making a good first impression and building rapport.This starts with getting honest with yourself about what you’re looking for and how you plan to execute.

The agencies have minimum borrower loan guarantor financial strength requirements (IE - liquid assets => 9 months P&I; net worth >=100% loan amount; FICO >680).

If no other debts to pay off, I'd seek diversity in liquid debt mutual funds like BDCs. 

I currently own a 3/2 ranch home with about 100k in equity and have 100k in liquidity.

Great rental income, strong FICO, low LTV (60% or below), strong liquidity and PFS.

You could find someone in the process of liquidating their portfolio and needs someplace to put their funds. 

Historically REITs in US have outperformed the sp500 for last 50/40/30 years by 3-4% a year, but they have underperformed sp500 in the last 20 years due to Quantitative Easing induced liquidity stock inflation.

I'd strongly recommend against a single family home and only target properties with at least 2 units otherwise it'll be difficult to cashflow in this high interest rate environment unless you plan on using a large amount of liquidity in the purchase.