I live in a condo located in Walnut Creek that I plan to rent out in the future.

The issue you are trying to solve is getting the cash in hand to purchase the new home, potentially looking at a financial product to access the equity in the property?

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Thanks for the suggestion.We are planning to self-manage our next property, so my preference is to live nearby.

Welcome to the realm of real estate and expanding your financial horizons.

And in many cases at least in my case my bank gets quarterly and annual financials from us and my Banker he would pick it up in our financial reports or our tax return and next thing I would know I am getting a call from him me when I plan to pay it off.

Assuming you've done the math and it is financially best to have them leave, lose the rent, and pay rehab expenses so you can charge a higher rent, just non-renew them.

I don't plan to do that.

I planned to develop another home in the back half but a contractor inquired about renting the lot for their construction trailer so I’m pausing my development.