What would you do? 500k Property

[Mike Rodriguez]

Hi All! I have a property that is currently worth $530k and is paid off. It's reached it's peak in value and rental value so I want to take advantage of the market and sell it for top dollar and buy something else. What would you do?

-hold the property and refinance $200k of equity?

-Pay the cap gains tax and be cash heavy for a buying opportunity with no timeline?

-do a 1031 and hope to find another deal in a super competitive and overpriced buyers market and be on a time crunch to find it?