Networking How did you finance this deal?

In either case use the contract to create some built in relief - a longer than usual closing period or due diligence period, or finance contingency.  

Hey @Raven Ye Mahar, so you should call the city and make sure but if you are renting it long term, you shouldn't be on the hook for any of the occupancy taxes.Nashville has a STR Occupancy Tax - https://www.nashville.gov/departments/finance/office-treasur...In the end, I would just call the city and get the deets that way. 

You may be better off refinancing with a cash-out mortgage and then financing the new property.   

The lender wont give you anything that says the due on sale clause is not applicable. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

They do seem possibly open to seller financing the difference of $172K.

Pick a screening platform/application that makes sense for you.As for meeting the applicants, I recommend meeting them at the property to show the place to them rather than getting coffee or food with them.

HELOCs or traditional financing may also be better options to preserve retirement funds while minimizing immediate tax liabilities.This post does not create a CPA-Client relationship.

While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.