If you want to acquire more properties, then I recommend using the current home as leverage to buy more houses.If you’re looking for more cash flow, then the possibility of doing a 1031 exchange into a bigger asset That generates more rev might be best for you.

Well, the market shifted so intensely and quickly with rates doubling from January 2022 to October 2022, it didn’t make sense to give up my 3.25% interest rate on the first mortgage in exchange for a primary residence jumbo loan, probably around 7.5%.

This is often because they are looking to 1031 exchange these properties so they want the best buyer at the best time. 

I read that you need to buy properties within 45 days for the 1031 exchange.

and then he is using a 1031 exchange to buy another single family rental, while saving (Deferring) a lot of money in taxes.  

I did this recently by offering a garage parking space in exchange for one tenant handling the lawn care and snow removal at the property.

Purchase price: $65,000 Cash invested: $29,970 Contributors: Randy Charboneau 1 of 3 properties purchased out of a 1031 Exchange package from another investor, using a 40% down payment from my solo 401(k) and a non-recourse loan from First National Bank of America brokered by Mark Robbins (Lending Resources Group).

Purchase price: $75,000 Cash invested: $33,970 Contributors: Randy Charboneau 1 of 3 properties purchased out of a 1031 Exchange package, using a 40% down payment from my solo 401(k) and a non-recourse loan from First National Bank of America brokered by Mark Robbins (Lending Resources Group).

@Barak Schafer, You're looking at a two step process to get to an LLC with a sale and 1031 exchange of your current investment. 

Hey Steve, The most common way to avoid taxes is using a 1031 Exchange and purchase a property shortly thereafter selling a rental.