If you can fight to break even and hang on to that place for the long term, that will provide the best return on capital by a long shot.

Remember, if you sell it, you'll have capital gains that you will have to pay since you are buying the other property before you sell you're old house.

It’s Greenside capital… Any thoughts? 

Now, if you don't have any capital, then ya you're going to have to work harder for your money.

Being that I get taxed at a higher rate for wage earnings then i do for capital gains I actually take home more for way less work.

You would have had to be there for at least that to save on the capital gains taxes (up to 250k). 

Figure out the state and federal capital gains tax and depreciation recapture after selling costs.

I would treat this investment capital as temporary, less than one year.

Through this journey, I’ve built strong relationships and developed valuable expertise in:Researching micromarkets and identifying comparables, potencial Accurately estimating construction or remodeling costs.Securing fast and reliable financing through partnerships with two top hard money lenders in Texas, offering competitive rates.I’m on this platform to connect with capital partners who are seeking an annual ROI of 12%-15%.

I’m reaching out with an investment opportunity in a real estate flip project, and I’m currently seeking a limited partner to join me.With a strong track record of successful real estate investments, I am looking to partner with someone who shares an interest in capitalizing on the potential of this market.