refinance our own home with some money down + purchase another flip? 

Purchase price: $70,000 Cash invested: $60,000 Sale price: $70,000 Have under contract for $70K and will rehab.

I would be thinking about future loans as I plan to do purchase another property soon after.

There are some markets that you may be able to make a purchase with what you have available. 

@Brandon Stelling As a military veteran with 100% VA disability benefits, you can leverage VA home loans to purchase properties with no down payment, no PMI, and favorable terms, including multi-family properties for house hacking. 

You could sell the AITD to a note buyer who will pay off the underlying at closing - BUT the buyer will need to purchase the wrap for at least the amount of the underlying.

I've purchased a few properties from you guys.

First time investor, hoping to obtain my first duplex soon, and this family land purchase is on the horizon as well.

Purchase price: $500,000 Cash invested: $100,000 AirBNB in West Sacramento

You can indefinitely defer the tax and use it to purchase nicer property/properties, as well as not have to recapture any depreciation.