Forewarning: This is going to be long and detailed.How this started:When we were young, we would buy a house that was livable, but in need of rehabbing, move into it (which allowed us to get a low interest residential mortgage), then rehab it, using contractors for what we couldn’t do ourselves.

Then keep the speed of money & time moving to make more money in the end.

My question is, would selling this asset now to clean up all my personal debt (~$50k) with the leftover used to reinvest be my best move currently in your opinion?

If one tenant moves out, the property remains cash-flow positive. 

Any tips for navigating the competition in such a hot market?

What are your best tips for screening tenants, especially for student renters?

Hi @Jose Mejia,Some things to keep in mind when moving forward with your cash-out refi are as follows:1.

Property taxes on my primary residence are quite high ($17k/year).With the upcoming move, I’m considering a few options:1.

Too many moving pieces and parts.

Depending on how it is done and what guarantees the government offers and requires of the released entities, interest rates could move slightly higher.