Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.

There are a few different areas I like to target, depending on your goals and budget.We also host a monthly real estate networking event -- "NorCal Real Estate Mastermind" -- First Wednesday of every month at 6pm at Lucid Winery on R St.

We rent it in between $75-125/night, depending on the time of year.

Deciding whether to sell or keep renting really depends on your long-term goals.

Depending on how long it takes you to save up the amount, you might want to also allow for inflation on that amount for your continued savings.[2]   Read Rich Dad poor dad.[3]   Think about getting a second job - possibly a temporary job - save a 100% of the money.Just my 2 cents.

Learnt lesson not to fully depend on property manager and should have made decision faster by reducing rent .

Depends on their health and any desire they may have to simplify.

- Does this answer change/depend based on my current tenant's wishes? 

The question is mostly a personal financial planning question and it depends on your preference and what balance of risk and access you'd like and would be comfortable with.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.