you can use the proceeds to purchase two different properties and to secure the full 1031 Exchange Benefits, you need to ensure the combined value of both properties is equal to or greater than the relinquished property, less reasonable closing costs, which does not include the payoff of a mortgage. 

I was looking into wholesaling because a fellow investor presented a  deal to me which includes a very motivated seller...My business partner got the seller to agree upon a price that is around 60% of its appraised market value..

At minimum the sellers agent should know what they are selling or they are just wasting everyones time including their own.

Hi Everyone,I recently moved to JC, and I’m hoping to get some advice from those familiar with this area, to include Hoboken, etc.

I have been in the construction business since I was 17 including those college years.  

Now that doesn't include profit and OH but if it is for an IRA it might be feasible.

Born and raised out here :)ThanksRyan Woods

This includes businesses that are located outside the city limits but do some or all of their business activity in the City.There are three types of Activity Licenses that you will need to select: Commercial, Non-Profit and 2-4 Unit Owner-Occupied Housing.

That has both pro & con issues associated with it, including over regulation and high taxes (for everything).

Borrower shall also be in default if Borrower, during the loan application process, gave materially false or inaccurate information or statements to Lender (or failed to provide Lender with any material information) in connection with the loan evidenced by the Note, including, but not limited to, representations concerning Borrower's occupancy of the Property as a principal residence."