If I do a Cash out I generally want to know I have another long term vehicle where I can reinvest the cash. 

I like to encourage people, because REI is an increadible vehicle and I have seen a lot of people grow with it over the years.

We rented our vehicles several months ago from the Larry Miller Enterprise Dealership. 

“Huntsville will continue to be a really important place for space in many regards, obviously on the propulsion and launch vehicles side of the house,” said Mike Ward, Huntsville Chamber of Commerce senior vice president for government and public affairs.Huntsville is home to a Blue Origin engine production facility, Aerojet Rocketdyne’s rocket propulsion manufacturing facility and Dynetics work on NASA, U.S. military and commercial space programs.

Michelle, Thats a great question and not crazy at all.There are specific loan programs dedicated for this precise purpose. 

It was a vehicle upon which I moved around on in my early years, garnering a respectable income.

This is precisely the hill do die on.

The earlier the inspection, the sooner you can get GC and any necessary subcontractors in during due diligence period to give you more precise quotes.If the scope of work for the project is too expensive you can always back out within due diligence period.

Do we have to reinvest all of our profits in order to not get taxed or can we just reinvest enough for a downpayment and then use the rest of the profit towards a business vehicle, etc...?

SO perhaps it would be wise to sell your other house before the two years are up and use that tax advantage, then repeat that with this possible purchase.Seller financing is a great way to get in with low money down and without the headaches of qualifying for a loan (and all the associated fees that go with that).Without knowing more precise details of each home and the financials behind each, it is difficult to say if your plan is a good one or not.