You can use any money you want from the sale to pay personal loans. 

You need comparable sales BEFORE you spend $175 or the appraisal will come low to your expectations.

The average sale price for Condos in the NYC Metro area is $649,000 in the last 6 months. 

Of course if rates go down, you should be good, if they go up, then have them rerun your payment amounts and purchase power so that you're good to go there.#3.

It may interest you.Best wishesI excluded duplexes because at least in the SF Bay Area, SFR earn a premium on sale over Duplexes, and duplexes get higher price/sq ft over 3-4 units.

Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.

The beauty of an Airbnb is you can offer it for sale while still renting it out.

The power of real estate investing is owning the asset.

And the power of leverage will bring me generational wealth in about 10 years.

The mortgage company gets paid off first, then in a traditional sale, the rest minus agent fees and utilities and closing costs goes to the seller.