Thinking about your refi fogs up the picture.The old properties: same tax position as before refi, absolutely no change.The new properties: your capital gain, if any, is the difference between the full sale price and the  full purchase price, regardless of financing.

Does anyone know a good lawyer and a good title company to help write up a purchase contract and complete a seller financing transaction in Davenport Iowa? 

Seller finance and only pay taxes on the portion received the first year (Maybe zero if they don’t last 9 months)Lastly they might be able to just rack up the bills up paid and have them paid by the estate. 

Back to finance question, would it be a better decision to take the funds from the sale of the 2 acre lot and pay off the current mortgage (~$150k) and live in the current home for a year or so (in hopes that interest rates will go down) then refinance that take out $400k from equity (~$750k) to build new house? 

We've seen deals fall out in Reno, NV on 8+ units because DSCR financing required 50%+ down. 

I'm just very, very good at what I do in creative financing."

I’ve read through multiple posts of people asking about a HELOC on a seller financed property, but what I’m wondering is if anyone has done so on a home purchased “Subject To” the existing  note?  

Then after I buy the home I would sell the property to somebody else through seller financing.

(especially financing, this is becoming a big hurdle also).

If you are trying to put 1% down and finance $1.3M, you are looking at somewhere in the neighborhood of $10k/mo just for the principal and interest.