Since I focus on cash flow, I already have the benefits afforded to real estate.

You might "lose" money on cashflow but you keep an asset that will hopefully appreciate in value and you get several benefits other than just appreciation. 

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

Many of these areas also benefit from both rising home values and increasing rents.Ultimately, successful investing comes down to selecting a growing market, a strong neighborhood, and building a reliable team to support you.

Reinvesting $700K defers most taxes, preserves equity, and allows continued depreciation benefits.

Use tax benefits like depreciation, repair deductions, and tax-free refinance proceeds to offset income, and consider an LLC for liability protection.

.- Cash flow vs. appreciation: If the new property is in a market with strong rent growth, you’ll benefit from increasing NOI over time.- Stock market opportunity cost: If the brokerage account has strong holdings, consider if the return potential justifies cashing out now.Given the current market dynamics and your goals, reallocating your brokerage funds into a multifamily property in Rochester could provide substantial benefits.

Be ready to explain the benefits and address concerns confidently.

You’re trying to ruin the biggest benefit of the life in flip. 

The reason being they see no benefit and they do not understand it.