Only paying tax next year April 2025Learnings that might be valuable to the BP community:- summary highlight reel of returns https://www.facebook.com/reel/463607949581515 (bought for 395k, 3.75% 30yr fix, took 60k heloc out, cash flowed ok, water bill usually $3-600/m so bad etc) Put on new roof 19k, upgraded w new paint, vanity, boilers 10k prior to selling in April.- buyer was NACA 0% down, and they will occupy 1st floor unit, got lucky as they fit well into neighborhood and love the house.

Hey Jennifer, The only other way that you can tap into the equity from another property to purchase a new one, without having to refinance or obtain a HELOC is through a cross collateral loan.

You can supplement the funds that you're taking out of your home through additional funds from hard money. 

David,Why sell if its a future retirement that will offer equity/cash flow.

His goal is to grow wealth through real estate investments with a balanced approach, minimizing time commitment, and maximizing returns.- He recently inherited a 3-bedroom single-family home in Fremont, CA, valued around $1 million, currently rented out for $4,000/month.Alex's main concerns are balancing his full-time job with the demands of real estate investment, managing cash flow effectively, and understanding the potential tax benefits.- What investment strategies should he consider?

@Nicholas SchwarteOne of the best ways to accumulate riches and achieve financial success at a young age is through house hacking.

No positive cash flow would be accounted for in the debt to income ratio. 

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

@Vinvi Gucci, a few questions/comments:I would think YOU (and your wife) through your LLC should be getting a loan buy/refinance the house AND transfer the deed solely to your LLC at the same time.

My main goals are to find properties that offer good cash flow (preferably hitting the 1% rule) and have stable growth in property value.I've been considering a few cities and would love your input on them.