At closing there is no difference from a traditional sale/purchase.

Purchase price: $120,000 Cash invested: $1,111 Sale price: $210,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Antonio, successfully completed a deal on S Homan Ave, Chicago, IL.

If you want to defer all tax on the 1031 you must purchase at least as much as your net sale. 

Purchase price: $555,000 Purchased a property on 1 acre in Black Mountain, NC .

> I purchased property from HOA foreclosure auction last year for 40k, not realizing first mortgage cloud (silly, I know).

Message me, I can tell you what areas will generally yield the best appreciation due to economic growth.

Am I tracking that your strategy was using a HELOC from your primary residence to fund "cash" purchases on your first two properties?  

This combination of affordability, economic stability, and location makes Parma compelling in my research.Taking a deeper dive into the rental market here, I thought this could be a unique investment opportunity because, despite a seemingly low occupancy rate of 23.90%, the rising rental rates highlight a robust demand for single-family homes (SFH), presenting a lucrative avenue for investors like us.The Key Growth Indicator: A significant uptick in SFH building permits during 2022 and 2023 screams a burgeoning market ripe for investment.Property Highlight: Zooming into the zipcode 44134, let's examine a promising investment with this single-family home.3104 Liggett Dr, Parma, OH 44134 On this property, I calculate an ARV estimated between $107,000 and $115,000.

Just started the research phase and learn everything I can about this process before I make my first purchase. 

I came across a property that is magnificent but I lack the finances to purchase it out right.