Just make sure to dot your i's and cross your t's to avoid any future issues.Best, Jacob

@Tylere WeaverIf you sell now and seller finance it I do t believe you can then do a 1031 later as the property was already sold.Check with your intermediary- there are several here on BP you can engage with.

That being said self-management is not for everyone - if you have a very low stress and problem solving tolerance or are for example a super buys executive it likely wouldn't make sense.

Don t sell furnished unless you are not purchasing another property to be used as a STVR.Don t bet on appreciation of RE to rescue you from a property.

as Update to this post from 6 years ago, there are heloc's on owner occupied 2-4 unit properties up to 89.90% CLTV or combined loan to values (meaning multiple loans but all together not exceeding 90% of the value).Terms typically areinterest only first 10 years and drawable from the lineyears 11-30 its Principal and interest payment Prime index/rate + margin (this portion is fixed but prime is not)underwriting is done assume prime + margin + 2% stress test for underwriting meaning if your prime + margin was 10% then your underwriting rate used to determine your maximum line you can qualify for would be 12% rate as an example based on principal and interest payment over 30 years or 360 monthsIncome is the main determinant of your qualification and fico min 680+ is just the min score to get through the "front door,"Maximum DTI or debt to income allowed is 45% DTIMaximum lines on this product go from 500-750k so you can get a decent line size that can actually buy other BRRR's or fix flips and deals.

Look at this:https://www.marcusmillichap.com/properties/154758/arbor-at-t...36 dwellings, Class A, brand new, 100% vacant, and some retail as well.

#t. 

Hi Tim, in what move do you think could reduce your stress?

Albuquerque is home to Sandia National Labs, Kirtland Air Force Base, the University of NM, Presbyterian Health Care, Abq Public Schools, Amazon, Netflix, Intel, HP, T-Mobile, several large call centers, among many others.

These forums are littered with people who have either been scammed or have created all kinds of stress in their lives trying to pull off a deal like this.