Finding the deal and the financing is easy but finding a great contractor is like finding a needle in a haystack.

You are able to get fix and flip financing with about 30% down on the purchase and lender will provide 100% of construction 

so really I didn't care what it looked like after I left, because the immediate benefit to my personal finances and wealth happened while I was living there.Two years later we had an opportunity to move to another area of town that came up unexpectedly and at that point I ran the numbers and the rent appreciations made it easy for us to make that move.  

Hi Liad,Like you said, there are so many types of loans and financing options.

You could sell everything off and live off the cash.You could learn about seller financing and sell your properties over time, collecting payments each month without having to deal with tenants and toilets.Have you looked for a local investor group? 

How did you finance this deal?

@Francesca Zanzucchi If you want to learn Subto creative financing ask here on Bigger pockets. 

Arranging financing, forecasting cash flow (it's not "rent minus the mortgage"), managing contractors, managing tenants, managing property managers, dealing with permits and city inspectors - it's a lot more than the average person realizes.

I was wondering if any of your smart people out there had other creative ideas to finance keeping our current home and buying a new one.

Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my down payment with a 5% interest rate.