I would probably focus on three things.  1) filling the vacancy for as close to the old rent as possible (to help with refinancing or selling 2) refinance it and talk to a few different banks/brokers.  3) If all else fails, list it and 1031 into another project. 

Meanwhile my son had bought his second house and refinanced his first house and turned it into a rental, so I got my 15K back.

By structuring deals with regular refinancing, you can unlock the equity in your properties and access capital for future investments.

When I have seen this done or done this for clients, the properties being crossed are generally refinanced into the same loan, replacing your first lien (blanket/portfolio loan).

Is there a way to remove him from the mortgage without refinancing?

However, if interest rates continue to decline, I might consider refinancing some of them to improve my liquidity position. 

In the meantime, maybe look into refinancing options for the short-term rentals to access some equity, especially if they’re performing well.

The method I mentioned above of refinancing notes, try to calculate a yield on buying a discounted note and 30 minutes later refinancing it at the UBP!

@Caleigh McDonoughHere are the pros and cons of waiting for 20% down on a mortgage in Charlotte, suggesting starting with 5-10% down, leveraging owner-occupied financing, and refinancing.

The seller is already in first position and in a perfect world I'm not refinancing out of those terms, and I'm not giving up equity to a money partner.