Hello Everyone,I was talking to an investor in regards to financing and his suggestion was to get a 500k loan to put towards all current debt, but wasn't sure all the factors that may be implicated with going this route.My current portfolio has 2 properties (1 LTR, 1 MTR = 370k), and current debts: HELOC at 54k and a vehicle at 40k. 

Paying off the $4k in defaulted debts on her credit report, which she probably could have settled for 50-80% of that total. 

Flippers will have to price in these added expenses to maintain their margins, leading to lower offers on distressed properties.

What type of leads ? 

His wife who is in college for a degree that will lead to a great job with great pay when she graduates in June, now has full rent to pay, plus the cost of raising 6 kids by herself. 

Time is beyond precious now and if we want to launch we need to use our limited time wisely and STR no longer fits the live we want to lead. 

Comparing Equity with debt is kind of apples vs. oranges. 

For properties like these, the condition and price often don’t warrant upfront financial vetting, and too many barriers can add friction to the process.When it comes to lead times, I agree they’re essential for occupied homes—if tenants are involved, a 12-24 hour heads-up allows everyone to prepare.

I have a few properties that have increased 30% in the last year), and of course the tax savings + the debt paydown from the federal government or tenant.Overall returns are insane: I'm a buy & hold investor.

Then when you get ready to retire, if rates have come back down and you want to "earn" more cash flow by getting rid of your debt, have at it.