Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $520,000

Raised 100% of the funds to buy this property. Very stabilized. 13 unit mobile home park.

That does not include any capital expenses. 

Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.

Currently, we are learning more about investing while we save enough capital for a down payment for our first rental property.

My goal is to structure the investment so I don’t need to contribute any starting capital.

It has accelerated quite substantially in the last couple of years due to Ontario and BC migration (both in people and capital).

What capital do you have available now to buy or are you only looking for seller financing?

Just take the loss and repurpose the downpayment capital into something better.

@Jake Andronico A reverse 1031 exchange allows you to buy a replacement property before selling your relinquished property, offering flexibility in competitive markets and deferring capital gains taxes.

Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.