Just yesterday I had the same conversation with Jessica LaRusso at Seek Capital and they also offered me lines of credit through un-secured credit cards, offering 0% interest for 12-18 months. 

To buy a home with for 100K and 44K in rehab with 12.99% interest (which is high) and 3% origination (also on the higher side), assuming 85% LTC, your total loan will be 122,400 (78,400 for purchase and holdback of 44K).

@Alex McGhee I highly suggest calling around to a couple of attorneys who handle probates specifically.

That said, trading up is never bad but there isn’t enough information on what you have, your goals or you timelines for me to offer suggestions on whether or not you should sell.

Hi everyone,Have you recently bought a house in the NC coast at the current high interest rate?

Any suggestions are highly appreciated. :)TS

At that point, you'd be offering your buyers a deal that is not available on MLS. 

Since you live in New York, I highly recommend a property manager.

It sounds like this person is essentially a general contractor or do you already have that role...in your case I would think your project manager would manage the GC (i.e, make sure they are on schedule, under budget, and quality is up to par). 

I’m thinking of selling while prices are still high , and paying cash for a multifamily or 2 separate properties to get a better ROE than I have now, however .. if I’m patient rates will come down in a couple years , not to 3% , but perhaps that’s my better strategy , then I don’t have to sell and pay capital gains, I can rent this place out & buy another with a refi at 5-6% is my guess - thanks !