Yes, it's possible to use a 1031 exchange to roll the proceeds from selling your first rental property into a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal, but there are a few important things to consider.

In Syracuse, the $800k+ price range is experiencing slightly less competition- I had a large complex just close at a 7-cap.

What made you interested in investing in this type of deal?

You can use the proceeds from the bridge loan to cover the down payment and closing costs on a new property, which enables you to buy a new home before the first one is sold.

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

You can also identify a city-owned lot through this map and work to incorporate it into a real estate deal with the traditional grant programs serving as a portion of the funding.

Hey guys, I recently got hold of a company offering transactional funding for double closings at less than 1%.

At 63 you will have to find ways to speed up the process - partnering, value add and finding extraordinary deals.

Can you get out of your current deal with your GC?