And use all of the proceeds from the sale in your purchases you'll defer all tax.This does give you some interesting options because you can allocate those proceeds anyway you want. 

It can be a great option as families combine and parents or grandparents need less space, need to be closer to family but still want their own unit.

You'll have all amortization options, but the most common will be 30 year fixed and that's generally the recommended one. 

We're open to various options, like house hack, multi-fam, BRRRR, etc. 

Hey Jimmy, I'm not a lender but have a few good ones I can connect you with to discuss your options.

You can get started with rent to own/lease option or another creative strategy like buying subject to. 

Another option that is more passive would be to invest in a syndication as an LP. 

It's a good time to review markets, but living in China there are a lot of other closer, international markets that could be options as well.

You've done well with having options, now just need to decide and get on the same page. 

If you move, renting in NYC and buying an out-of-state property could work, but make sure you have a solid plan for managing it.If you stay, buying in an affordable market and living there for a while could be a good option.