Here's the situation:Current Portfolio:4 Properties Total2 SFHs in Washington, DC, each worth about $530K (with loans of $180K and $200K, respectively)2 SFHs in Baltimore, MD, one worth about $150K and the other worth about $180K (no mortgages)Proposed Strategy:1) Sell both SFHs in Baltimore using standard method2) Use the proceeds to pay off as much of the DC mortgages as possible (for sake of the example, ~$280K, so likely all of one and a good chunk of the other)3) Use the paid off house in DC (~$530K in equity) as a down payment for a 1031 exchange to trade up to a multi-family propertySo, my main questions are:1) Would this strategy even technically be possible? 

Being in the Baltimore/DC Corridor, we have a lot of transients coming to work for the Defense Industrial Complex (for lack of a better term), and we have among the best schools in the country.

Is DC Fawcet highly recognizable and or recommended

Are there any private or hard money lenders on here from the tricities, walla walla WA area.

I think that more people will try to move out of the gateway/overpriced cities like New York, Los Angeles, San Francisco, Seattle, Washington DC, Boston, Philadelphia and head for more affordable states like Texas, Idaho, Florida, The Carolinas, and other sunbelt destinations.

Hello BP Family,I have stumbled on a property just 30 minutes south of Seattle, WA and I would love to hear your opinions on this.I know someone who owns this property outright and the home is completely vacant.

My apologies for late response; recently i moved to the state of Washington.

At the same time, the $600 federal unemployment benefits expired at the end of July and Washington is deadlocked over another major aid package.

As mentioned above, it might be possible but I assure you it's not worth it.Basement excavations are sometimes done here in DC, which has very high prices and very strict height limits -- a combination I wouldn't wish upon anywhere else. 

I work in DC but live in Bethesda,MD which is basically 20mins away from DC.