@Ivan Lopez Great question!  

So I would rapidly try to pay it down to get that LTV to a point where you can refinance it, then move out and rent it out.2) If you will be there long term, then save rapidly for the next one and let your money and savings snowball.Remember to celebrate the little victories and the harder you work now, the better it will pay off later.

@Christopher Cousin@Jake Thomas@Belinda Lopez@Chris MartinHey thank you guys so much for the incredible responses with such a wealth of great opinions.

Delay.In business, I've learned to celebrate when MY check clears the bank... not before.Go Buckeyes!

It's an exciting time and you deserve to celebrate a little after all the hard work and time you invested in learning, researching, finding that right property and most importantly acting upon all of that information. 

:)Merry Christmas all...and happy new year (and happy any other holidays you might celebrate!)...

Give a shout if you source any there, west of Celebration or the flower named streets.

In celebration of your arrival, here's a picture of Arnold Schwarzenegger on the day he became an American citizen:http://i.imgur.com/eIHq6.jpg?

He's going to celebrate because he was sitting in his office, got a text message, and now he has a potential $30K check in his future on a deal he didn't have to spend a dime to find.

This weekend most of us were very busy with the ceremony and celebrating our new year.It made me to think about all other special events and ceremonies, do you think these occasions can or will affect Real Estate transactions?