Using a 1031 Exchange intermediary for small deals

[Andrey Y.]

I am wanting to sell a property in the coming months and since I did a recent cash out refinance, it will probably only have $50K in equity, that I want to reinvest into the next deal.

My question is, do I need to hire a 1031 exchange intermediary / representative if the transaction won't be a huge $$ amount? Appreciate any feedback you have on this, especially if you have done this sort of thing yourself.