Problems:

1. He doesn't want the role or uncertainty of being a landlord to a 3rd party
2. Selling property could result in taxes on gain
3. Equity values may be less than the tax bill on the gain
4. Lack of equity may not allow for purchasing replacement property or refinancing
5. Prefers getting as much cash as possible in hand and eliminating the landlord headaches

CPR Program Solution

Obtain maximum cash in hand with 90+% non-recourse financing of replacement property allowing maximum cash in hand.

1. Sell the existing property
2. We will identify an appropriate replacement property and arrange 90+% financing to allow maximum after tax cash in hand