If so, you'd be able to live for "free."

@Nathaniel Free reach out to Christy De La Torre, Corner Escrow in Laguna Niguel....CA that the seller has to approve and sign an assignment addendum separate to the purchase and sale agreement? 

Feel free to DM me if you have questions :) https://www.biggerpockets.com/forums/48/topics/1165499-whats...I used a mortgage broker who found me the best rate and terms for my last 3 conventional loans.

Feel free to ask the BP Forum your tax question. 

Feel free to reach out more than happy to talk about my experience as an agent. 

That $200k can drive much higher and more balanced returns (read: free annual cashflow AND earned or unearned appreciation) by being reinvested in something with more units rather than staying stuck in an SFR.Remember that the concept behind BRRing is to add value to a property, then convert that value to cash that can be used for another property. 

Refinancing has no penalties and is tax-free.

Feel free to reach out if you are looking around up here, 20k lots do come up in well traveled tourist areas from time to time. 

If you want to run the terms by me, feel free to reach out directly.

You'll find strong appreciation and cash flow here.Feel free to reach out with any questions you may have.