Otherwise you can be at the mercy of a lender saying pay the entire amount off or apply all the sale proceeds.I know, LOL.There are no tax implications with cross collateralization, excluding any use of qualified assets held in any tax qualified retirement plan restricting comingling of funds.

@Jason White if you are retired then getting typical financing is a PITA.

If you plan to be an employee til retirement, then you will need to find out what you are lacking.

The seller in the yellow house owns multiple properties and is looking to sell some as he retires.

My top motivation is making sure I am able to retire successfully and to provide my kids with a legacy of being REI.

I just keep doing my thing hoping to retire with a little extra.

Again, there will be exceptions, such as self-employed or retired individuals as mentioned in earlier posts, but in the case of the typical W2 earner this is probably appropriate.Not that I agree with the loss of freedom of choice here ...

Of course I'd make sure there were no liens or second positions, or if there were that they could be retired and still leave plenty of equity in the property.

:)While GFG wasn't called out specifically by the DOL, this was enough to scare me into closing my 401K (the IRS penalties can be up to 110% of the value of your retirement account); I spent a year working with the IRS to get a formal determination of whether my company had violated any ERISA laws (luckily it hadn't).Just wanted to point this out for anyone who may be considering setting up a ROBS product, so that they can do their due diligence.

I think that this this my retirement.