Understanding the bifurcation of the returns on a model (money made during hold vs exit) and the sensitivity analysis of what action can cause the greatest impact to the bottom line are critical.

If on average, selling a property costs about 8% So then we would have:200k-8% = 184k - 80 (mortgage) = 104kBut, let’s say the property was a long term holding so capital gains taxes due on it are 15% (assuming no state taxes in Florida  So our capital gain was 100k and 15% is 15k due in taxes!

I am a 50% member in a Parent LLC that owns other LLCs, used for specific purposes such as other businesses or real estate holdings.

Investment Info:Large multi-family (5+ units) buy & hold investment.

Other factors to consider - how long are you anticipating to hold onto the property?

I understand I get the capital gains exemption for the side I lived in (i.e. 1/2 of the building's appreciation), but am becoming more inclined to just miss out on that and hold on to the first one I bought. 

Buy a buy & hold with no value add with a HELOC would be a risky move unless you have the income to pay down the HELOC. 

I am a buy and hold investor in Florida looking for an asset based lender to refinance a Condo .

I am a newbie to the real estate investment game and live in North Dallas.

He can help you get plugged into the investing game!