We'd definitely do another similar property if the opportunity arises.Before (actual website / listing photo):After:

I am actually doing a flip right now and hard money lender isn't the easiest to give us a loan for the rehab (draws verse pulling all at once, which is normal).

Note to new investors, stick to actual RE investing, and never lend money to someone that is not secured.

The equity is actually what you are paying for the property.In this case let's look at the numbers that count,...the current numbers.You have about $500k or more in equity, which is buying you a property that's worth about $700k (I went with the lower PV. 

Do these messages disclose that you aren't speaking with the actual owner if you aren't? 

This is to prevent actual spammers from blasting our PM system.I've lifted your ban.

And that's just a 2 unit, obviously the numbers creep closer to actual investor-numbers with a 3 or 4 unit pumping in more rent.

I guess the different strategies FOR ME would be.A- Find a lender that would actually do the refi and pay the tax.B- Sell a property and use those funds to lend as they would go back to the IRA. 

I believe San Diego is a great RE market but the reality is it is very competitive and most purchases have negative initial cash flow.  

Flipping is actually more a business than it is investing and you know how much goes into that.