Investment Info:

Single-family residence fix & flip investment.

Purchase price: $304,000

Cash invested: $40,000

Sale price: $455,000

Contributors:
Peter Vekselman

Partner Driv...

Now say if looking at Equitable gains of: $100k >90% and $200k >50%. 

.- Buy duplex with FHA 3.5% and look for another property like fourplex- Buy duplex with conventional loan 20% down and wait until gain another downpayment 

I think the knowledge I gained is probably the most important thing

I'm curious how capital gains would work with having rolled in a previous gain and then selling two suites while keeping the other two.  

If you are doing a 1031 exchange, you are exchanging one investment property for another investment property so you technically would not able to use it whenever you want because it would not be an investment property then and you may get hit with the capital gains.  

As I gained more knowledge and experience, I understood that everything is negotiable in real estate investment, and it starts with evaluating the properties and the underwriting templates.Understanding lender underwriting and income restrictions is crucial for success.

Best advice I can give as a new investor is to go to networking events and try to meet like-minded investors to keep gaining knowledge on the industry/market!

. - Confidence in our ability to produce a quality product and improve our systems - Trust gained in the hard-money lending community - Excitement for future projects!

Capital Gains Tax: If you sell a property for more than you paid for it, you may owe capital gains tax.