Thanks for readingDavid $250,000 tax-free?

This would likely take coordination with a tenant at some point - (ie - plenty of notice to them that they must vacate in order for you to sell the property)Since your current home is free and clear -  you could do a cash out refi or take out a new mortgage on the new house to be able to buy your paren't house and pay off the mortgage.  

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If you are looking for cash flow, I would look at a 4-plex.

When you can borrow 80% tax free and continue to collect the income?

Purchase price: $530,000 Cash invested: $20,000 Hello all!

If you have cash, you could pay off the underlying loan2.

When you live in that duplex for 2 years and then sell you'll be able to take 50% of the profit tax free (the allocation for the side you lived in). 

I thought the regular "free" Stessa account was ok.

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