I would love to get you connected with our team of experts and help you identify some of those markets that we are activity buying in, moving into, and studying.

Identify your target market.Step two build your Team.

As you get closer to identifying a property I would maybe spend an hour or 2 with a lawyer in your area as they have experience creating LLCs and probably will give you insight you had not thought of as you structure it. 

Step 3 - make a decision to sell or rent based on the information you received from the above trusted professionals1031's can be a bit more challenging in a hot seller's market because you have a very short limited time to identify your replacement property (properties) and if those don't work out, then you probably can't do a 1031. 

After identifying a Triplex that interested me that I was willing to make an offer on, I reached out to the local bank my business utilizes, and they informed me they were unable to lend to me based on the lapse in verifiable income.

Timing is tight at 45 days to identify properties once started.

@Niranjan Kumar GoliOnce you have identified the real estate market, you need to fly and check the neighborhoods.

From there it will identify the names, mailing address, if they've moved recently, phone numbers, liens, foreclosure, vacant info etc.

Hi all I’m trying to figure out if I should get a partner or some sort of able lender of sorts.I have identified a cash flowing 4-plex for $1,150,000 in Southern California that brings in $1850 on 2 units and the larger other 2 units $2200. 2 units are coming available at close and the others have the have tenants in place.

Once identified, sell your house and 1031 exchange into the apartment