This gives you the financial resources to buy your next property or two.  

If I sell a single family house for $1 million which has a mortgage of $100k, can I do the following: I buy a single family house property using 1031 exchange for $1 million and get a mortgage of $700k .

For buying a second house, should I declare high taxes again or save for a 20% down payment to qualify for a loan based on my active income, without needing tax returns?

Many know local dealers and I'd much rather buy from them whenever possible.

I'm trying to figure out a strategy on buying real estate from the seller (no lenders involved) on payments, adding value and reselling it for profit and thus, paying off the original seller.

Two major differences here are:  (1) most "investors" in the mid 2000s  we're not buying for cash flow.  

Investment Info:Large multi-family (5+ units) buy & hold investment.

The market for buyers on QCD is going to be smaller so you are limiting your market with a QCD but we buy/sell homes all the time via QCD just need to find the right parties.  

But I also feel that over the last several years, many groups are getting greedy and wanting to be paid to transact more than buy good deals.  

Our goal is to start buying MF within the next year to two years.