If paying off their primary home is the priority and the tax savings from the 1031 don’t outweigh the boot and logistical constraints, selling outright may be simpler.This post does not create a CPA-Client relationship.

Outside of my primary, they are all cash flow positive, some to the tune of 3-4k a month on a 12 month outlook.

However, there are ways to leverage SBA loans so they can buy a new primary and then look at their current property as an investment property and secure a DSCR loan to redevelop and rebuild.

Like you a purchased my primary residence in 2017 as an estate sale and landed an amazing deal which still holds a large amount of equity.

It has to be your primary residence to be able to use your VA loan.

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

Credit score shouldn't be the primary driver of tenant approval, because if they could qualify for a mortgage they probably wouldn't be renters.

If I pay for it initially with my primary residence HELOC , currently at 8%, the interest only payments would be $640, so $1,340 monthly expenses mostly. 

If a property is for sale but currently has tenants in it, but the buyer is buying for their primary residence, do eviction laws still apply? 

Purchase price: $270,000 We bought our primary residence in 2012.