To my surprise she said “That sounds fine”.That next morning I called a realtor, listed our house and started looking for properties in Denver, Colorado.Our current residence sold very quickly, and we moved into a single bedroom apartment in an “OK” part of town.

I am soon to purchase a single family home that is going to serve as my primary residence. 

Account Closedunfortunately there is no way you can 'rollover' your personal assets (rentals, notes or anything else) into a qualified plan such as an IRA or 401k.

Our lender informed us that in order to qualify for a conventional loan, the property needs to undergo all repairs outlined in our purchase agreement in order for be appraised as 'Average' ( appraiser stipulated that the repairs requested in our contract would satisfy the necessary items to bring the property up to Average Condition).

As a NJ resident for most of my life there are a number of advantages to living here.  

We'd like to sell it and use the proceeds to buy a new primary residence and then either convert our existing primary residence to a rental or sell it and buy some different rental units.

Currently I'm interested in trying to qualify for a home loan which would be no more then $80,000.My situation Unemployment 425 a week ($1700 month)I've talked to one bank and they said they'll factor it in the rest none.

I have 130k in equity in my primary residence at 4%.

“My first vision for Apple”– Steve Jobs reflecting upon the clean lines and open esthetics of the Eichler home in which he grew up.Joe Eichler designed many modern residences throughout Silicon Valley.

Since I'm a veteran, and I have some guarantee left, I will be able to get another VA loan for our new primary residence @ 3% down( if I'm wrong about this please let me know).