Even then its often more cost effective to work more with what you have. 

It's much easier to set things up right than to have to transition them later when you have multiple properties and many, many transactions.

This coming year set the goal of getting more committed to learn and expand my knowledge to avoid previous mistakes taken as well as to be able to effectively continue to expand my portfolio.I’m here to connect with others who are also passionate about real estate, and I’m eager to learn from your experiences, insights, and advice.

@Allison Littman To structure the purchase creatively, you could split the $600k transaction into a $400k purchase agreement and a $200k charitable donation to the seller’s tax-exempt organization.

This brings me to now, I've taken this approach and have used my own money in lending, but am also bringing in friends and family to take part in these transactions so they can earn way better returns than with CD's.

Make sure every dime is deposited into the trust account.Private lending, like syndication investing, doesn’t involve many transactions.

Let’s break this down:The Pros and Cons of SellingPros:Unlock Significant Equity: Selling would give you $500K in cash (less transaction costs), which you could reinvest in multiple properties in higher cash-flow markets.

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?

Yes itwill cost you 4 to 7% commission, but you will have more buyers,don’t have to worry about the legal transaction process, and youwill never question if you got top dollar after you sale.I.

If you think about it in any industry less transparency and more friction in the transaction will increase fees/commission vs reducing them.I like the idea as an investor of having different agents, a team of agents maybe 3-4 bringing me deals, but I think less of that will happen now as all will have to have you sign some kind of agreement up front.