Your options are greater ahead of the transaction as opposed to when the transaction has already been entered into.Best of luck to you!

@Jerry Chilimidos,Here is a list of lenders who specialize in lending to IRAs and 401Ks:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...I don't know where your rentals are located and how they are performing but selling might be an option vs doing cash-out refi.I would certainly consider option C.

Hi hive,I am new to investing and trying to learn from the different options out there.

Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.

We have three potential options.The first option is for me to completely owner-finance his purchase.

Buying a turn key rental, in an area you know or knew well, with a property manager you've met and trust, in an area that is large enough for you to have other options to find contractors and property managers? 

The best option is to respond quickly and professionally in hopes that they move out.I would give the tenant two options: 1. vacate the rental in one week, leaving it in the same condition as when they moved in, and I will refund their deposit within 72 hours; or2.

I’m curious to know what others think about these options.

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

Don't be so quick to indebt your paid off townhome until your learn creative financing and review all your options.