Can we talk more about this like to gain more insight on this thanks

I am the 'fool' in the book that gets run over by those that play the gain every advantage through any means necessary game, as the author states. 

Lastly, you will not walk away with a net$80k, more like $55k after closing costs and capital gain taxes.

It would take somewhere around 15 years to make that much in equity gain if the market stayed where it is.

We are planning on using the house hacking strategy and transferring into a more BRRRR method to speed things up once we gain experience.

You can gain a lot of resources that way, as well as potential wholesale buyers.

One camp says losses offset the capital gains first and the remaining losses offset the ordinary income up to $3,000.

Intro I am currently looking to make some capital gains wholesaling real estate.

Either way in your scenario you now have two houses and making 800 a month while paying down your debt (gaining equity) and also if the properties appreciate you gain that equity but in two instead of one.

I purchased my first home (SFH in Atl, GA) in 2009 which is where I still currently reside so I know I have some equity there.