Using basic numbers, assuming I sell a property for $10M and after cost basis is accounted for and mortgage is paid off, I have a net taxable gain to me of $3M.I'd like to purchase a rental lake house property for $1M (funds coming from that $3M taxable gain). 

It sounds like the only way I can use my equity (family home, don’t want to sell or refinance).

I am a Realtor in Florida.I've flipped multiple lots (completing the purchase in my name, then selling).

I really like the idea of buying cheap properties that need a little love, rehabing them, and then selling with seller financing.

It's building slowly but surely, and I definitely want to keep 5k or so as an emergency fund.I have thought about renting out my current house or selling it outright and house hacking.

You’ll have to follow up with Furnished Finder leads and guide them through your screening process.

.- Streamline Process: Bypass the bureaucratic hurdles of traditional lenders.By leveraging hard money loans, home equity lines of credit, partnerships, and private lenders, you can boost your ROI and take your real estate investing to the next level!

Hi @Rita SamaddarI recommend areas based on three things:Budget: Knowing your cash to close helps me suggest the best areas, especially if you're using a hard money loan.Rehab Level: Whether you prefer low or major rehab impacts the neighborhoods I'll recommend.Market Dynamics: Areas with minimal days on market are ideal, as they predict how quickly your property will sell post-rehab.In conclusion, start with how much you have to work with and the level of rehab you're comfortable with to find the best areas for fix and flip.

A client whom wanted to sell her home but was under water due to needed repairs vs current market condition How did you finance this deal?

Meaning you have the actual cash to buy multiple properties in cash, then sell, flip, or do whatever.