I also have $50K in a taxable brokerage account and another $20K in an HSA which will continue to grow.The main part of my portfolio I have been working to grow is my real estate portfolio.

We call the 5-8 units the "dead zone", mainly because most commercial lenders won't lift a finger if the loan is under $1mil.

The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn. 

I will be based out of Aston and will be trying to focus mainly on the Delaware County area to start my career.

This is tough for new investors that focus so hard on cash flow as their main criteria.

You must have the intent to hold the relinquished property and the replacement property for rental, investment or business use. 

What’s your main focus, or what are you hoping to get out of your journey here?

Even this is an incomplete list.Worst of all, the main reason not to make this loan is that you will not hold a first position-lien against the property.

If I sell- the equity (assuming it sells with a resulting profit) I have every intention in a 1031 or 1231 deal for another property in the PA, Ohio area

But if it’s in the main living area and the space is already tight, then getting rid of it could help you maximize the layout.