:Hmm...I would have said that cheap and quality are not something that can be had together...maybe I'm wrong...or maybe everyone has a different idea of cheap and quality - lol.Some great ideas to check out - thanks BPMaybe a better word be inexpensive.

But in terms of setting it up I think I'm better off leaving it to the techies...Jim- Your comment(s) are testimony to what Josh and myself are saying.

These are some creative ways to make the deal work better for all parties involved. 

Also that makes sense as the better option.

I can also get a Home Equity Loan from Better Mortgage for another $70k and then sell which would reduce the taxable amount to about $130kCurious on thoughts from others if you would prefer to try and rent it out again or sell and allocate the money elsewhere. 

Competition does a better job of regulating pricing than company transparency in my opinion.

If you go with this option, I would recommend having an exit strategy to refi out of the HML into a loan with better terms.I hope this helps.

Quote from @Kathy Benavidez: Rule #1: always know the law better than your tenant.Every state in America allows the landlord to enter, including California.

Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.

Sometimes if I have paint left over from a different project I'll do an accent wall but I wouldn't spend much time fussing over paint color, its a rental not a Better Homes and Gardens front pager.