I was able to do little work, save money compared to renting, build equity in the house, and sell for a good profit that allowed me to 1031-Exchange into a Commercial Property.

Nothing has been signed and no funds have been exchanged (aside from credit report costs to TransUnion, which I'll probably refund).

These reserves can typically be in liquid assets, including cash, stocks, or retirement funds.4.

It would also make 1031 tax deferred exchange a more viable approach and tool you can use.

If we take the minimum for credit, it will be $100 instead of $2,000 or less.We have stock portfolio that we don't want to touch for the rehab around $200,000 that is liquid upon selling. 

I do have stocks that I could liquidate to throw at the principle but they have been performing great lately and I’d rather use those funds down the road as another down payment on a future property.Any advice appreciated Christian

I've paid for education and coaching for my current business with John Assaraf, and I learned how to invest in stock with Phil Town.

I would make sure their audience fits your goals and try to get exchange creators to come on Mondays or Tuesdays (slow days) instead of paying them.

You will be dealing with an older housing stock, so higher deferred maintenance and capex should be expected.

Unfortunately, you miss out on a lot of the cool tax benefits you’d get with long-term real estate investing—like long-term capital gains rates, bonus depreciation, 1031 exchanges, depreciation, etc.Another thing to keep in mind is that when you buy a property to flip, you can’t just deduct the purchase price right away.