Then you 2 would agree on how you would split the profits once the property is generating cash flow and the original equity is returned.

Originally posted by @Tanweer K.

Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.

On the repairs - I re-read your original post, and you did seem to mention that you have a property manager - is that accurate? 

If you think you will have it for less than 4 years I would say go with the HELOC because you have less origination costs.

We originally used an FHA loan with 3% down, took on MIP, and now have a $2,100/mo mortgage with $225 HOA/mo - so about break even on cash flow. 

Since the original loan remains in the seller’s name, you may need a nominee interest allocation to deduct mortgage interest, as the Form 1098 will likely be issued to the seller.

@Stacie TellesMost lenders have a seasoning period (typically 6-12 months since the original loan), so check with your current bank or shop around for others.I would also watch out for prepayment penalties on your current loan.

If this is the case, would the original seller financing have to mention that the buyer (me) can re-sell the property at any time? 

Originally posted by @Jefferson Lilly:I've been on the BiggerPockets podcast twice:http://www.biggerpockets.com/renewsblog/2015/02/26...https://www.biggerpockets.com/renewsblog/biggerpoc...... and am launching my next MHP investment fund late this month (October of '18).