I have to decide if im going to use a new injection of capital from the sale of my primary residence to:1) Hold in treasury bills at 4.5 percent until I find another property to purchase2) Pay off one of two existing mortgages, one at 3.75 percent and another at 4.5 percent3) Just find something to buy that beats either of those percentages on paper and be done with it4) Possibly loan out some hard money/broker it to a friend to allocateIts never an easy decision, but its a good problem to have.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence fix & flip investment.

You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.

Reside in Charlestown WV (D.M.V.), but my existing LLCs is based in VA and IL.

How long must you wait before being able to rent out a primary residence property from a lending perspective?

Welcome, Maxine, to a fellow New Jersey resident.

Working for DSNY we have residency limitations.

If the local market is healthy and rental income will be adequately managed by a property manager, then a long term residence could be used to build equity.

Those that still reside are not expecting to stay anyways.