I am reading as much as possible each day on BP.This payment plan must run CONCURRENTLY during the period 360 months(30 years) >>>>>>>>>>>>r>>>>>> Re-payment Analysis<<<<<<<<<<<<<The Loan repayment was calculated at 4% interest rate compounded annually.

@Njeri S.Yes, you can.You can actually take cash out and buy the second home concurrently as Fannie and Freddie don't require a waiting period.

Concurrent closings.

Concurrently with #1, I would see if I could get an equally reliable car with a lower monthly payment than the one with the 10k remaining on the loan, or ask myself whether I even needed a second car (maybe in Texas, you do, but it's also possible to carpool, take public transit, bike, etc.)  

@Harman N. yeah I'm pretty slammed these days as I have several projects concurrently, but maybe next month is a possibility.

First negotiate, selling price WILL be adjusted to account for getting code compliance on everything.Then you get the contractors bids for the workProceed only on the buyer's concurrence.

I know most do it "concurrently" (this was my plan as well), but even then do you take care of the payment before the paperwork?

We typically have between 2 and 5 jobs running concurrently. 

We need to stick to this timeline in order to save on construction costs as we will order the prefab unit concurrent with another "spec" cabin that my partners and the LLC are putting on the lot next door. 

The units in China now would sell for approximately 300k and 400k today, and appreciating.I want to buy properties to Buy and Hold to secure a steady income and wholesale properties, either concurrently or after gaining some experience from Buy and Hold properties.Thanks to everyone taking the time to read this post and thanks to everyone who has already contributed to this amazing community.