Sold a propertty in Colorado;  the crazy hot market there made the sale of mine nice, but now I've got to do a 1031 exchange somewhere else; prices are too high there!  

The deal would be from a 1031 Exchange on my current rental in San Diego which will go on the market in June.  

I would contact as many 1031 exchange brokers as possible and just get the word out that you are looking to do a bulk buy. 

Seller will consider refinancing the property and financing subject to new loan with a balloon in 5-7 years.What will the tax implications of that sale be vs. bringing additional cash in and exchanging into another property?  

is there any way around making sure the resale (not exchange) of one's primary residence closes at least 24 months after the purchase date?

**HERE is my question, and why I am asking about it: Is there a deal structure whereas I pay them some cash (to give them $$ for  in exchange for title to the house and 120 days to deliver the full balance of the purchase price AFTER I rehab and sell the house?

Hello Boththanks a lot for your replies.My main ask in these kind of deals is how can one assess that paying 10 months rent can assure that the 230 next ones will be paid... nothing... and also, after asking a few questions, I understand that once the note is bought, you're basically on your own... so not really suited for an out of state investor, less alone a foreign investor...The JV deals also seem a bit dodgy to me.. the investor puts 100% of the cash but the benefits are split in exchange for one putting down the cash and the other putting down the work.. seems like the investor has all the risks and the partner only has benefits...Thanks a lot for your answers in any case !

Well @Ben Leybovich I guess 1031 money feels like free money for some people.

@Robert Whitelaw   generally speaking I agree with the buy hold will win the day.. but its just cannot be a blanket statementthere was  a very big apartment owner here in PDX that rolled up all his units  and cashed in 20 million in equity.. went to vegas in 05 on a massive 1031... bought 100 million in multi there.vacancy rates as you know on fully leveraged multi  in excess of about 10 to 15% put huge strains on those and much more than that you have to feed them.vacancies in 08 in vegas hit 10 to 40%  he LOST THEM ALL.... had he just held pat on his vanilla PDX he would be fine and our stuff here has sky rocketed  must like a little brother to silicon valley real estate.. 

To me, you have two options: Cash out refi to buy more property, or 1031 exchange.