If you have equity the best way to start the process is to do a cash out refinance and pull out some cash to use as a down payment on the new REI. 

She will get each beneficiary to sign off on allowing this to happen, lessening their inheritance cash-wise but keeping the family in a home.My idea is that the trustee daughter could purchase the home, but could do so instead through a sort of owner-financing where the Trust finances the asset to her directly rather than buying it in full at great cost and taking out a mortgage on an already paid for property:- Property is in Trust and is fully paid off,- Trust finances the property to Trustee for closer to market value, and payment can still be set at 1500- No/less down payment required- Any interest rate, maybe 0- Tenant family makes rent payment of 1500, which pays off the property and pays into Trust- Beneficiaries' % share accrues gradually as payments are made- Set future balloon payment if necessary (if Balance required at a certain time, for college, etc.)This would decrease the out-of-pocket cost for the Trustee purchaser, and increase the amount that each beneficiary will receive (eventually).I have no Trust experience, though, and I'm hoping to hear from the experts.

Title transferred to a living trust of which debtor is beneficiary.  

With Apartments.com I can automate rent payments, have the security deposit paid, and have tenants upload their proof of renter’s insurance.Challenges of living with other roommates and renting by the room When living with roommates there are always challenges.

Now they don't want to sell because if they purchased a home at a sub 3% interest rate even if they were to buy the same priced home today it would cost them nearly twice as much in monthly payments.

If you Purchased for $800K put $400K down - looks like your at a 50% LTV if thats the case its a great time to pull out some of that initial capital and use it on another REI down payment!

If you really can’t afford the payments and don’t want to house hack you can wait until you’ve been there two years and sell.

Sometimes we'll get payment history from the tenants, but that's rare.

(yes, this also describes me)* Investors who want to analyze prospective deals, quickly calculate mortgage payments and other expenses, etc.

Thinking about taking a little cash out, mixing it with personal savings and going after another property with a nice down payment as a hedge against market fluctuations.