We are doing everything we can to hold off until then but with the increase in taxes, insurance, and debt; it's really getting difficult to be able to wait it out.

@Gavin JexSo you want a bank loan and then seller finance as wellA bank would not be in second position so they as the owner / lender would be in second.Also 0% they would still be responsible for taxes on that at AFR so if your payment is $300/mo the loan would go off federal rates so they would essentially have to claim around $5k in interest income which would be ordinary income so they may end up paying all of your payment in taxes… just fyi if they did speak with someone on thisSounds like a steal if deal for you

I will pay the monthly on the note and the taxes.

Cost of labor has gone through the roof, as with materials, property tax, insurance, and even utility cost.

Presumably someone does your tax returns, ask them.

Most properties in my area have property taxes between 3K-4K.  

An added bonus is that you will also boost the portion of your payments going to interest, which increases after-tax cashflow. 

I suggest Nevada because of the proximity to CA, landlord friendly, and low property taxes.

You can cash out refinance, allowing you access that equity tax deferred. 

A local credit union also mentioned something called a "savings secured loan" which can be used for anything (even going on vacation), but I don't know if there are tax benefits to that and I don't think I can do that under an LLC.