Simultaneously refinancing some other SFRs now that they're stabilized.

You may want to consider getting at least some tenants as quickly as possible so you don't get buried in rehab costs and carrying costs simultaneously. 

The borrower is billed for the amount that is actually borrowed plus any interest due.right of first refusalA provision in an agreement that requires the owner of a property to give another party the first opportunity to purchase or lease the property before he or she offers it for sale or lease to others.right of ingress or egressThe right to enter or leave designated premises.right of survivorshipIn joint tenancy, the right of survivors to acquire the interest of a deceased joint tenant.sale-leasebackA technique in which a seller deeds property to a buyer for a consideration, and the buyer simultaneously leases the property back to the seller.second mortgageA mortgage that has a lien position subordinate to the first mortgage.secondary marketThe buying and selling of existing mortgages, usually as part of a "pool" of mortgages.secured loanA loan that is backed by collateral.securityThe property that will be pledged as collateral for a loan.seller carry-backAn agreement in which the owner of a property provides financing, often in combination with an assumable mortgage.servicerAn organization that collects principal and interest payments from borrowers and manages borrowers' escrow accounts.

Appreciate it if anyone could help with this question -If you were selling land with a set closing date determined and the contract had this clause:"Subject to simultaneous purchase of lot 1B at [address]."

If you are just trying to buy 2 properties simultaneously with $0 down and not actually live in one of them, well then that's mortgage fraud. 

This would prevent me from dealing with paying any closing costs versus paying two sets of closing cost for a simultaneous (double) closing.

Both are totally paid off and Im looking to do a simultaneous like kind exchange for a property in a ski town in Colorado.  

I look forward to the journey ahead while simultaneously helping out when and where I can for anyone seeking help down the road.

Will the bank see it my way, do I secure the line of credit on the current home first or the financing for both homes simultaneously?

I am looking for advice on how to succeed at flipping and acquiring rental units while simultaneously rebuilding my credit up to excellence.