I did a cash out refinance and escrow closed today.

Hi Kareen,Our Editorial Director Account Closed and I actually just wrote articles about our reasons for selling or keeping our primary residences as rentals that you should check out!

Still wanted to be close to Cali. 

also do you recommend selling coop before buying or buying first if I sell my coop first 260k after all fees and at the moment I have 60k cash in the bank not sure if it will be enough for closing ? 

I'm just about to close on a 3 unit in a different part of the country.

I really like the equation, though, because it does encourage/provide the idea that house hacking can truly increase your personal net worth and be a better option than for example  (having a relatively higher income in town A but you rent versus lower income in town B but you house hack -- the NWROI may tell you house hack in town B!

I’m also interested in banking with a community oriented bank or credit union, black owned bank/CU, or similar, but interest rates there are often lower than online HYSAs.

Lenders will lower the LTV on this type of collateral to protect themselves.

This one is close to 0.7%  

The city of Chicago will issue a zoning Certificate -which you have to have to close.