You can reevaluate selling in a few years when interest rates improve and more buyers get into the market

Hello,We recently bought this 16 bedroom, 4 bathroom motel type room-in boarding house in a low income area in Syracuse.

If you are closing on a property that you will reside in, can you close it in a Trust, or do you have to close it in your own name, and then later transfer it into a Trust? 

If you are in a lower asset class things can go the other way. 

"Cross selling" is _________________:a) When you go to your sales job wearing clothes more typically worn by the opposite gender.b) Just like it sounds: literally selling crucifixes. c) A strategy wherein a business strives to encourage existing customers to purchase adjacent products complementary to an item that the customer has already bought in a prior transaction, or is currently on the verge of purchasing.d) All of the above.

. - you have dozens of local agents who can market the property for you and bring you a buyer- you are listing in a desirable area with low-inventory - you are not in a rush to sell

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

You aren't going to get a family of 4 in a 150sqft place.

We are looking forward to finally being able to move forward in a positive direction with cash flow and equity. 

While cashing out more equity might seem appealing, it will result in a lower cash-on-cash return due to the higher rate and LTV.