Pay off Debt for higher DTI Ratio or Invest? HELP!

[Fernando H.]

Current Debt.

1 SFH: rented - $200 positive cash flow after paying off mortgage

2 Duplex: rent one and live in another: $200 positive cash flow afer paying off loan

3. SFH: *currently rehabbing* - free and clear - ARV 70K

4. Car Loan: 17k left - 60months - 3% interest

5. Home Improvement Loan: 30k left - 10yr loan - 8.75% interest

6. 20k credit card - maxed out - no interest for the next 12 months.

OPTIONS AFTER REHAB OF #3.

Option 1: Sell number 3 after rehab in a month, pay off 6 and 5, and 4 (no debt)

Option 2: Home Equity Loan at 80%, $200 cash flow in rent income, pay off 6 and 5.

Option 3: Home Equity Loan at 80%, $200 cash flow in rent income, pay off 6 and invest the rest in 1 duplex or 2 SFH