Sign Listing Agreement to sell relinquished property.Sign Agreement of Sale with Buyer.Retain 1031 CORP. as your Qualified Intermediary (QI).1031 CORP. prepares documents and provides closing/escrow officer with instructions.Closing takes place and proceeds are forwarded to 1031 CORP. and placed into exchange deposit account.The 45-Day Identification Period and 180-Exchange Period begin.Identify replacement properties to 1031 CORP.Sign Agreement of Sale for new property and use exchange proceeds for deposit.QI provides closing/escrow officer with instructions and transfers exchange funds.Replacement property is acquired and exchange completed.

Hi @Kerry Boyle, I need attorney service to do documentation work like prepare notes, mortgage documents, look into title search documnets etc..Thanks

Sorry for the newbie questions but I want to make sure I am fully prepared!

Sounds like Unit 1 will need about 3k in refreshing.So 120k total for 825 a month.That 825 will cover the cost for the finance, insurance, taxes.But be prepared to write some fat checks.How long you plan on living there?

The Uniform Gift to Minors Act (UGMA) was enacted a simple way for a minor to own securities without requiring the services of an attorney to prepare trust documents or the court appointment of a trustee.

So reading the link can prepare you for what's coming and actually give you some leverage.

They will help you prepare what you need in order to qualify for a loan.

Does anyone have any advice on what else we should have prepared to discuss with them?

I have also been getting all of my finances in order in preparation for my first deal.Austin is challenging due to the fact that it is a great rental market, but it is also a super hot seller's market...tough to get into SFH's at a price point that will cash flow. 

Be prepared to devote lose tens of thousands of dollars, fight with loved ones, lie awake at night, and miss important life events.