The current mortgage balance is $132k.Should I sell my condo and put a large down payment on a new home OR should I hold onto the condo and borrow against it?

Some lenders are concerned about percentage of subsidized units, so I try to maintain a balance.

I have always charged less than market rent to tenants which I felt was a fair balance.   

Being a landlord is a fine balance between being nice and a hard ***.

Here is what I want to do (using arbitrary numbers):- Put $80k into a self directed 401k account- Pull $15k out to use for a down payment for property to rehab- Use hard money for balance of rehab property purchase (I know the rates can be high for hard money but I have not built the private money relationships yet as we are not proven yet).- Use Business Line for property rehab costsNow, after the rehab is complete and the property has sold, I would then pay off the hard money lender, repay the business line, and then put the $15k, interest, and a little extra back into the SD401K.

It's due the 1st, contact them on the 2nd to let them know that after the 5th there will be a 10% late fee added to their past due balance, and that you will not accept a partial payment. 14 Day Pay or Quit notice on the 6th.

It's really very simple.....interest is applied every month to your Outstanding Balance.

Below are some things to consider when choosing the right bank:1) Consider the fee's:  Balances in these accounts tend to fluctuate wildly.  

I feel that it balances risk while enabling easier administration.  

But and this is a big but; real estate investing is a delicate tightrope walk balancing human emotions and economic reality.