So we’ve just had our offer accepted on our 2nd property in this crazy market and after celebrating our little win our lender has brought to our attention that being that our down payment and closing costs will be funded from our savings which we without knowing transferred our income tax from our checking to savings .

And I know that this will be a controversial subject I've been in the business for 36 plus years I've seen the market cycles fall I've been in the greatest recession lost tens of millions of dollars I know what I'm talking about staying away from buying and hold investing right now it's a bad idea.

The winter months are slow; however, the (holidays help) Thanksgiving weekend is jam-packed along with Christmas as families come together and celebrate the holidays.

@Steven Wilson That sounds amazing , great achievements to celebrate!!!

Vacate, renovate, get market rate, and celebrate!

Celebrate big this weekend.Three things I suggest.Every broker says they have training, and ask to see their training room to verify there is one....no training room/no training.  100% online is not always the best way to learn.Ask to see their training calendar. 

Also, I know this would be a "flip" and is somewhat controversial when referring to real estate investing and with that I have a question if it is possible to take any equity from a deal like this and reinvest into a true income property to defer taxes?

Celebrating nothing in NJ.

Yes, I know I have to get my finances in order and work on my credit, those are the no-brainers, the reality is...If I keep waiting on everything to be "perfect" I'll be retired finally celebrating my first property. 

Do you want someone to talk to, to bounce ideas off of and celebrate the wins with?