My wife and I own a rental (lived in for several years, but not recently). We'd like to sell it and use the proceeds to buy a new primary residence and then either convert our existing primary residence to a rental or...

A little bit about myself...I was born and raised in Westchester, NY (about 45 minutes north of Manhattan) and currently have a career in Interior Design & Textile Sales, with an extensive background in residential design & construction.

There is a house that has been vacant for a couple of years that is in moderate condition and it has never been listed for sale.

Based on what you said there is no money in this property whatsoever.You take 105 and add in arrears, legal fees, and all other kind of stuff a lender tacks on and then add on repairs the property needs there is no money.Might could do a short sale on it.

I thought there was a forum here on biggerpockets that listed homes that is for sale that would be great for flipping. 

Watched Marcus Lemonis on the profit and it seem you can invest in food trucks for  a cheap price and put the owner and some workers in there and take a cut of the profit as an investor.The traditional restaurants you have to drive very high sales per sq ft.

I have a great business on the sales side of Real Estate but I have been itching to start investing for myself instead of just helping others.

A sale of one unit is completely independent of the other unit.

At BP, not only can you network with other real estate investors, you can learn from the informative forums posted daily on the site, find properties that are for sale, and take free courses.

@Patsy Waldron great to see a response to a question without a sales pitch..Kudos!!!!