Largely because: your timing sucks!

Pat, we 're probably putting the washer/dryer in the new bathroom upstairs, since it's a large space with an area that's not usable because it's under the roof, but is the right height for the washer/dryer to fit nicely.

The seller is looking to avoid paying a large chunk in taxes.  

Searching the forums, I found some information about yr end truck purchases, but not for large equipment. 

@Marcin:  My plan scale slowly - purchase one property, 2 the following year, 3 the year after etc. 

Like a large ship at sea though they require lots of time and sea room to turn and maneuver and when they sink it takes forever but you have absolutely no control over that sinking process.You lose some direct key benefits with REITs as well. 

Because they know you they trust you and they know you are valuable to them. it will allow you to have large number of connections, audience, people who believe in you.Hope my tips help you outThank YouMuhammad Hayat

We also thought about that concept to pat off our primary with HELOC, but came to a conclusion that we didn't want to park a large amount of cash into something that will not bring us any cash flow. 

Then you can use the funds on demand as needed maybe start with the 40k renovations on your duplex and then have the rest of the credit line readily available to get the large multi-family you are looking for.I dont know the location of your duplex in California but $925 for rent per side seems reasonable and there may be room for rent increases.

Egress windows are expensive and if below grade you need window wells, there are precast concrete versions as well as large metal versions maybe even vinyl or PVC versions.