As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.

Which means that they pay you a down payment and you finance the properties to them.

If you decide to keep your house, you can do an IRRRL after you have made at least 7 payments on your new mortgage.

Then the rents would cover that payment plus the mortgage with cash left over.

I’m close to saving up for a down payment but it’s taking forever!

A $400-500K mortgage is not a trivial payment plus property taxes on top of running your own house. 

Ability to repay - can you as the borrower afford the payments based on the loan amount.Typically they will not take into consideration the mortgage on a new property that has not been taken out as that is new.

In this type of situation, they want low interest rate with low down payment also.

Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using...

Don't change jobs or income yet.Once you do and you think you can manage the payments based on your new income, maybe once you get the rooms rented.Then if you want to switch there are plenty of opportunities.