I dont think you have enough equity to refi and consolidate the two. combining them puts you at over 96% LTV. cash-out will likely max you at 75% LTV of the $450k, so raising your rate on the bulk of the debt probably is not the move if you still have to bring in $100k to do so. is your 2nd going to balloon soon?

Prospective sellers may be drawn in by sending them personalized letters or postcards.Door Knocking: Go ahead and knock on doors in the communities where you hope to discover flipping houses.

We must send you a letter before issuing a fine.

I contacted several local "brokers" regarding a deal I had, and oddly, all of them came back with an offer letter that looked oddly similar.

I was going back and forth with whether I should send the tenants a letter using certified mail return receipt and then send one to the landlord including the tenant letter and the pictures. 

Original PA sale price of $225,000 with buyer securing investment financing for $157,500 and seller financing the remainder at 8% with a 5 year balloon. 

If they are a new business, ask for a letter from a CPA (make sure they are legit).

I was thinking, if possible, a partial balloon payment due on 1/1/2025 in replacement of the down payment would be a good proactive structure that would suit us both, but never heard of that being done.

I purchased the property at 755k @ 5% interest with a 10 year a balloon. 205k downpayment.

It works like this: pick one of their turnkey-ish houses from their list, or bring your own, get financed for a 50k house with 10k down, pay interest only @ 10% for two(or3) years with 5% accrued interest tacked on to the balloon payment after 5 years with possible 2 year extension.