When you do a 1031 exchange, the property you purchase must be a like-kind investment, meaning you intend to hold it as a rental.

Hello, I am a 23 year old looking to get into investing in properties and would love to connect with people in similar situations.

I had about 1 million cash to invest, didn’t want to take a loan, and always purchase in one coastal mid Atlantic area where I have connections, know the market, and growth prospects are strong.  

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

If anyone has any tips or specific advice for investing in the Dallas area, I would greatly appreciate it!

The moral of this story is to look where you invest and make sure you don't have to deal with crap like this.

Investment Info:Single-family residence fix & flip investment.

This means that if you’re selling a rental property, both properties you purchase must also be intended for rental use (or for investment purposes).

Yes he has to buy the spouse out, either through sell, HELOC, or refinance and then the question being with the equity how would you best utilize that for starting into real estate investing? 

If you had 25%, you would still need to borrow because you don't have 100%.Smart investing includes three simple steps: increase earnings, reduce expenses, and save.