Here’s a quick take on each option:Sell and buy in SoCal: This offers simplicity and high appreciation potential, but with all capital tied up, it limits flexibility if the faculty housing waitlist falls through.Keep current home as a rental, downsize in SoCal: This maximizes long-term profit through appreciation of both properties but might feel tight financially and in space.

Unlike a 1031 exchange, it gives you more flexibility in timelines and reinvestment options:- You typically have two years (sometimes up to three) from the end of the tax year in which you receive the insurance payout to reinvest in a similar or related property.- There’s no requirement to go through a qualified intermediary, as with a 1031 exchange.3. 1031 Exchange: A 1031 exchange is also an option but is generally less favorable than a 1033 in involuntary situations.

There are several other Skip Tracing companies with flexible spending options, no high-cost monthly commitments.

This is because losses in a Partnership LLC are generally considered passive or non-passive depending on your involvement, and the structure of the LLC can provide more flexibility in how losses are handled."

A broker has the flexibility to reduce their commission at their own will, at NO cost to the client, to offer more competitive terms.

Consider exploring townhomes or single-family homes nearby with fewer HOA restrictions for more flexibility.

A business line of credit or personal loan offers flexibility, while a VA loan could be useful if you're eligible, though it’s for primary residences.

Consider consulting with real estate professionals who can provide valuable insights and guidance.As you move forward, remember to remain flexible and open to opportunities that arise.

Smart move leveraging hard and private money for flexibility, and congrats on the above-listing price escrow—shows strong demand for a well-renovated property!

The HELOC will provide flexibility to draw funds you need for rehab and the purchase of the property, whereas on a HELOAN you will be paying interest payments on the entire balance from day 1.