1031 Exchanges
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply
![Johnny Quilenderino's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/743555/1621496533-avatar-johnnyq.jpg?twic=v1/output=image/crop=2029x2029@0x331/cover=128x128&v=2)
Steps in the process
Good morning BP,
I am thinking about selling my Boston SFR for a MFR in Norfolk Va. A couple questions that I have are as follows:
When should I inform a QI that I intend to execute the exchange?
- We intend to place the house on the market in July.
Can I get a clause put into the contract, ie pending sale of Boston house all proceeds will be re-invested into the purchase of the said property? This is so I can at least have a house on contract until the Boston house sells.
Do I need to get pre-qualified for the buy just like a normal investment purchase?
How early in the process can steps be executed and can they be executed out of order?
Anything else I should be thinking about?
Thank you.