Hi Kelly,I am currently with Equity Trust not by choice since they bought out Midland Trust last year (2023).

Gives you more options.- at year 7 if value appreciated a lot, can i do a HELOC on it and use that HELOC to pay off the balloon - probably not due to lien being secondary etc on helocYes on the HELOC, but it would probably be easier just to refi and pay off the seller, and cash out more money too.Hope that helps and good luck!

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.

Use extended closing periods or additional earnest to buy more time for your old property to sell if you need.The last option is what's called a reverse exchange.

You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.

Franklin Home Store and Vacasa are 2 local ones I found with a quick google search and I have no idea what they charge.If you want to consider the self-managing route, DM me and I can walk through the details.

Otherwise, I recommend option two, using a personal loan.

Happy to chat and help you compare your options.

I should probably add, that I do the same thing here: most of what I bought in the last 3 years does not much better than break even, but I am buying in the best possible neighborhoods that still work as a rental.

But that will be your decision and at least you have options.