@Rachel Seymour-NewtonIf the smaller property is a strong deal with solid cash flow and tenant demand, it could make sense to buy now and start gaining experience.

If you do a 1031 exchange, you can defer both the capital gains tax and the depreciation recapture, which is a nice benefit.

Because I benefit from more business oriented books I also like Who Not How and Gap and the Gain by Dan Sullivan and Ben Hardy.

I’m looking forward to gaining valuable insights from the community, sharing my experiences, and helping where I can.If anyone has advice or tips about wholesaling or growing a real estate portfolio, I’d love to hear from you!

Most come out ahead over an extended period of time by buying better quality assets where they perhaps have to leave some capital in the property but find themselves able to sell for real gains or refinance out appreciated equity and scale more effectively that way. 

It's not profit until you access it in some form of cash.I've seen investors loss properties with equity (a few with a lot of equity) because they can't sell at a price high enough to gain that equity, or because they can't refinance it due to the negative CF,...which would increase with a new mortgage.

It's a great way to gain hands-on knowledge and connect with experienced investors!

The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?

Bottom line, the phrase IMPLIES that there was more value to be gained that wasn't realized.

However, if you have 2-4 unit rental properties, you may not gain much benefit from listing on these sites, as they primarily focus on commercial properties.