Your lender on the new property purchase may ask/question where the down payment money is coming from, so you'd need to make sure your future lender allows it.As for the 2nd part of your question, you can purchase a 'move-in ready' or new-build property, but in order to refinance there would likely be a seasoning period on your loan before you could do that.

Historically residential real estate has proved to be a haven during periods of high inflation.

Should I be concerned if a seller wants no inspection period or appraisal?

@Edwin Duran  if you sell now you do not pay capital gains if you have owned the home for a period of at least two years and used it at as you main home during that time providing  you haven't used that exclusion on another home in the last 2 years.

Did he give you a longer time period than needed and he's planning on coming in and getting it done on time or what? 

I guess it somewhat depends on my investment strategy, which right now could go one of two ways 1) stabilize to market and refinance to get equity back 2) hold until I am old lol5yr | 3.75% | 20yr am | 80% LTV | .5% fee7yr | 4% | 20yr am | 80% LTV | .5% fee5yr | 4.25% | 20yr am | 80% LTV | .5% fee7yr | 3.4% | 30yr am | 2yr IO | 80% LTV | 1% fee5yr | 3.1% | 30yr am | 1yr IO | 80% LTV | 1% fee7yr | 3.5% | 25yr am | 80% LTV | 1% feeSo what would the benefit be going with the IO period?

Only draw back is seasoning period and waiting for the refi to be completed.

John Techout--There were several violations against the least (at least 3 or more) over 7 month period.

If I had to guess, I think we're entering a period where the rate of price increases will slow.

This is true even if the tenant pays rent for the last month.The tenant must pay the rent for all or any part of the time they stay during the notice period; though, they may choose to keep the last month’s rent in lieu of compensation."