PLEASE NOTE: I want to sell by mid-October and with current market volatility, considering renting for a year if necessary and listening as Rent/Sell.Upsides to RentingLuxury condo that presents well, in a growing neighborhood that should appreciate well.3.375% 30 year fixedWilling to hold long termDownsides to RentingNon homestead taxes will be 14K Annually!

Would like to pull money out of that home for a downpayment on another home.

I would love to continue to flip houses but now having two little boys makes the "live-in" part a little difficult.Outside of real estate and taxes, I enjoy spending time with my family, whether at the beach or in the backyard, and sharing new experiences with my 2 sons. 

The only way to get a standard conventional loan is with US credit, US tax returns etc...Unless you hold funds in a US Bank already and they gave you an in house loan or private loan based on assets.  

one almost hit the house after a storm.3. make sure when you run the numbers on Texas properties to account for the increase in property taxes year over year.4. before you buy in a new area be sure you establish some kind of relationship with an electrician, plumber, handyman, gardener, roofer Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I would do a HELOC, because if you don't want to take the money out you don't have to pay the interest, on a home equity Loan, the full amount is going to be advanced when the loan funds, and you will pay finance charges on the whole amount.We do investment loans on new construction, Typically we can do 60% of the land costs, and up to 100% of the vertical construction, not to exceed 85% of the Costs.Thanks,Dustin

What are my options in financing my second property with the least amount of out of pocket money and/or using the equity in my first property.

On the flip side, mass transit can help with the car issue and water/sewer upgrades can help with the utility usage.As far as single family versus multifamily, usually multifamily is taxed higher.

From the folks I have talked to that have, they are their easiest tenants and guaranteed money. 

I did do several flips where one side brings the money, I take care of everything else and we split the profit.