I am financing the difference between the existing mortgage and the sale price.

Joining investor meetups in your area can also help you build relationships with experienced investors who may offer mentorship or even potential partnerships.Finally, don’t underestimate the power of letting people know your plans.

Purchase price: $655,000 Cash invested: $40,000 Sale price: $770,000 Purchase and hold.

One strategy is to pursue properties (in your preferred markets) that have been listed for sale for over 90 days (even longer is better).

But you have to purchase new investment property of at least as much as your net sale to avoid tax. 

Figure out how many sales you need to break even.

Purchase price: $225,000 Cash invested: $40,000 Sale price: $375,000 Bought a large 4 bedroom pool home and flipped

Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.

Hey @Scott Trench unfortunately real estate losses (active or passive) will not offset portfolio income from stock sale gains. 

I'm looking to exchange a multi-use property I own in the Bay Area for a multifamily property (expected sales price $3 million) that I could potentially convert to MTR.