@Anthony Dooley thank you so much and any insight information on how to possibly get me started would help.

Does anyone know if you can complete a 1031 exchange if you sell a property but carry back a small second mortgage?

This question is in regards to the 1031 exchange, can I use the 1031 to sell property in one state and buy in another?

Hello John,Thank you for sharing the insightful questions, they are helpful. 

I wanted to follow up on this post in hopes that I can help my fellow newbies in the area.In search for answers to this "magic formula" to get leads, I have come across some very successful people in this industry and have heard different insights on what works and what doesn't. 

I am here to learn as much as I can from everyone here at BP while also providing some insight through my academic and professional experience.

I appreciate the insights.

We countered back at 149k, buyer countered @ 146k, I accepted but now.....Buyer is asking that if the appraisal comes in low, I split the difference between appraisal and the purchase price.Context of situation is I’ve decided to sell and 1031 exchange in hopes to buy a 3/2 to further invest (buy/hold). 2 Bathrooms tend to rent out better.

Context of situation is I’ve decided to sell and 1031 exchange in hopes to buy a 3/2 to further invest (buy/hold). 2 Bathrooms tend to rent out better.

You should likely sell and 1031 exchange into apartments