Thank you weighing in @Ann Bellamy I just listened to your BP podcast on hard money and it was very encouraging and enlightening.

Thanks Frank for the quick and enlightening reply.

A little enlightenment here would be helpful.

Well, allow me to enlighten you on my teaching method.You see, just before the neighborhood opens up to the ritual taunting of "trick-or-treat" on the evening of Halloween, every child has a choice.

@Dave Foster  maybe Dave can enlighten you on how to do this and still do a 1031but I agree with @Dennis M. 

Can someone enlighten me?

They Truly were Enlightening, I doubled back to read them after getting lost in the forums LOL thanks Again

BTW, thanks for the enlightenment. 

I'm located in Central Washington (Wenatchee Area) and I have a Cash Out Refinance scenario that I need a solution to and i'm hoping you all can enlighten me on some ideas or referrals.We have 2 properties (1 - Four-plex, & 1 - Duplex) with 2 loans that we would like to consolidate into 1 loan on the 4plex with the duplex then owned free and clear to make available to open a LOC for future investing opportunities as they arise.We owe 158 on the 4-plex and 91 on the duplex for a total of 249kthe initial appraisal came back at 300k for the 4-plex but it's very low for our local market.

I am curious if anyone here knows a good management company in this area, OR if can enlighten me on how to negotiate this figure with the management co.