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I am a little confused. Do these people want a SFR? If not, can you assume the existing loan on the SS, and refi your house to tap the equity?
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Good question too!!
They have the property listed with an exchangor - - which to me, says they are open to taking an exchange rather then taking cash. They have been counseled about what exchanging is all about.
Sometimes, in the world of exchanging, you ask: Which is worse - - - what they are offering, or what I have? Sometimes it takes a few steps to get to the ultimate goal. If they understand that, they might be open to it.
We would buy this place outright...
BUT...
Why not try to unload a SFR we don't want? Because they are listed with an exchangor, I see a higher probability - - if I can figure out a way for it to fit into what they want - - - which is primarily to: split the asset.