I'm assuming you're talking $110k cash and not an amount you'd be pre-approved for?

If you make certain your buyer is pre approved, the documents line up, and you keep good communication, the selling side has never proven to be difficult to me.With that said I agree with @Rick Santasiere in regards to scaling up.

My family and I are looking to move between January- April of 2025 and we bought our current house pre 2020 so we have a large chunk of money in equity, we really have 3 options on our plate.

Work hard and be niceIgnorance is the consequence of knowing everything (I just made that up)Contractors have more funerals, weddings and broken trucks than any other demographic on the planetDon't be sleazy (I just made this up, as well)

If you are looking at protecting your profit, you can have a prepayment penalty, that would be graduated, for instance, you could have a $50,000 prepay year 1, then $45,000 year 2 and so on until you get to year 10 with no pre payment penalty.Also for future reference you can get Fix and Flip loans without having to tap into the equity in your primary residence.

Hi Everyone,I am doing some research and planning on buying a rental property next year (I am currently saving for my wedding).

Using the 50% rule (taxes, insurance, Capex, maintenance, vacancies, property-management), that should give us ~19K/month in pre-tax profits that achieves our 10k/month financial goal after-tax and adjusting for inflation.Our assumption is that building new-construction would reduce capex & maintenance the first few years. 

I am one of the very few STR's in a town surrounded by 10+ wedding venues, university, businesses, mass construction, etc.

The fact it was purchased for $150K just effects how quickly I’ll have enough equity to make a cash out refi worth doing.Your index funds are pre-capital gains (assuming they aren’t tax advantaged) which mean’s you’ll probably owe 15% on returns.

We have a local REIA (REIA Rico) starting this month on the 4th Weds of each month.