I think this may be the safer bet - save up, renovate, and after kitchen is done refinance and buy new house.

It will get you a house and save their credit and keep the bank happy.

I was taught growing up that what I should do is find a good job, save as much money as I can in my 401k and never dream of touching that money tell I’m 65 and retire off into the sunset and enjoy my golden years ...::.

Also, make sure you are saving for general maintainance, Cap ex, 1 month vacancy/year, property mgmt.

BTW...The attorney that  I used (now retired) wrote most of TPC Title 2 Ch 5.  

I want to rent out my current property and finance the new home without dipping into my savings.

My tenants are interested in buying their rental from me but need time to improve/establish their credit as well as save up a down payment.

I began to work…. and save…and work again.Fast forward to today, I can proudly say I was able to purchase my first townhome in March, that I plan to rent out in the future.

I think if I woudn’t mess with windows I could’ve save one week or so.After we listed:1 st contract came after 2 weeks on market.

I don't know many buyers that have the desire or ability to put an extra $16,920 'down' at the buy to save $1080.