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Updated over 2 years ago,
1031 and Realty Mogul
Hi,
I want to ask are there any members who have experience with Realty Mogul investment through a 1031 exchange? I am currently selling a Chicago two-unit rental building that will net approximately $200k that will close in less than a month. Realty Mogul seems like an easier way to invest the funds without a lot of time-consuming efforts in a typical exchange. The platform indicates that there are no agents, escrow or closing costs. I want to check with you all if anyone has experience with Realty Mogul and 1031 exchanges. Thanks.