Hi team, I currently live in Dallas, but only have invested in the midwest with rehabs and buy/holds that I currently rent out.

We have a great interest rate, which is what is making us want to hold on to it, but it just might not be worth it when we can use the equity to get us in a better position. 

Be conservative on your rehab budget, rehab timeline, holding costs, etc.

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

I live in the Tyler, TX area, but I hold my mortgage licenses in Pennsylvania and Texas.

Long term hold.

So let me see if I can contribute anything that might help you....First, I would ask yourself if you want to hold a rental property in Seattle...? 

That complicates enough I'd consult with an entity/asset protection pro.I don't hold residential assets in LLCs unless partners got involved. 

Investment Info:Condo buy & hold investment in Keene.

$3k is insignificant compared to your current holdings.