Hello I just rented out a duplex and in the lease I have this clause : Appliances: The appliances have been supplied in complete working order.

Also check out the forum topics specific to your goals.

What I would do with the sale proceeds, as pointed out in your post, is reinvest in a first deed private money loan anyway.

I came across this company that gives out loans of all duration and amounts.

Does it make sense to rent my current house out in Poconos, PA so we could rent an apartment in Florida?

I took out a 12-month hard money loan with HouseMax Funding, a reputable lender, for a fix-and-flip project.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

This protects you if the lender/seller passes away or would try to sell the property out from under you and your seller finance agreement.

If it is a regular rental, draw up paperwork that clearly outlines how much money they lent you, when it will be paid back and how much (eg if you buy a house for $400K and 10 years later they move out and it sells for $500K-do they get a percentage of the profit (after taxes and costs)?

You'd need to enlist one anyway if you go through with the 1031, so asking someone who really knows the ins and outs of a complicated transaction like this would be a good first step.Best of luck!