hello fellow BP members, I will be moving back to Oregon in the next year and hoping to connect with some experienced investors in the salem eugene portland area i will be willing to put in some sweat into your property in exchange for some of your wisdom and eventually look for a partner look forward to hearing from you!!

This could have been handled in escrow as part of the closing, and no funds would have been exchanged outside of closing.

I've also considered 1031 exchange, however I'm not sure I will have the bandwidth to take on a new project in the next couple of months.  

My investors and I happily gave up any cash flow we could have obtained from some sort of variable rate bridge interest only debt in exchange for the safety and security of a long term fixed rate - no prepay either.

There needs to be an equal value exchange on both sides and from what I have experienced, having a mentor is much more “indirect” then “direct”.

Another option for the rental property is to 1031 exchange it as well.

The seller wants to close by June 10th so he can 1031 exchange.  

DSTs are an advanced version of statutory trust that allows investors to transfer 1031 exchange money into.

@Will Pritchett yes correct that is precisely what I/We did, spread it out between my wife and I.  

I will be standing outside a property and some random guy will drive up and ask if I am selling, and we'll wind up talking about real estate for an hour and exchange numbers... but send a virtual assistant to call me 3x per week and not even reveal the name of the company she works for and you will get "smug" posts complaining about it..... and I only complain, I've never turned anyone in (yet) or really interfered with anyone's business.