Key conservatorship issues to considerAny plan to exit Fannie and Freddie’s conservatorship should promote market liquidity, and thus, access to mortgage credit.

Earlier in your post you shared that your friend planned to pay the contractor invoice but at the end of your post you ask whether your friend should pay the invoice in full.....and this is after selling the property and presumably being recapitalized. 

Trump is talking of selling off government buildings and getting the federal government or GSA mostly out of the real estate business. 

Using a smaller bank or credit union is the way to go.Being that you have been in business for 10 years I am VERY surprised your business banker can't help you!

A refi makes more sense if you plan to hold the property long-term as a rental.

And of course, take advantage of the tax benefits along side my current business income.Viability of the idea?

One is under contract in which I plan to 1031 into something larger and the other I just plan to keep as the contract expires soon.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

I just wish I was doing it for my own business.

High earners should also consider estate planning tools like trusts or Family Limited Partnerships (FLPs) to minimize future tax burdens.Given his income level and tax complexity, consulting a real estate-focused CPA is essential to maximizing deductions and optimizing tax efficiency.This post does not create a CPA-Client relationship.