You have one STR, and you want someone to bring all of the money for your second?

They might be willing to give different terms especially to a high net worth person that they can likely make money on cross selling.

That means that unless your state allows you to just keep their money you have to try to re-rent the house.

It’s great that you’re looking to put your money to work in real estate—smart move.A few key things I always remind my clients (and myself) when investing:1.Don’t rush it.

My name is Naomi Pinger and I am a private money lender.

The financing structure includes a hard money lender holding the first lien and private money lenders holding the second lien.How did you add value to the deal?

And your money is Trapped inside your house. 

I have a trailer house for sale, but I have need the money out if it faster.

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.