Hey @Chris Elliott welcome to BiggerPockets!

@Elliott Elias, I spoke on have a lender to back me, that's when I got the response of only accepting bank qualified buyers.

@Mark Elliott thank you for the comment, did not even think to look where that downspout was draining.

Hi Elliott.

@Brandon Elliott When social media influencers talk about business LOCs, generally they're referring to business credit cards with intro promos (0% APR for 12 months), personally-backed LOCs, and very rarely (in my experience) commercial LOCsWhere the interesting part lies in is that you can use projected business revenue to qualify for a lot of these LOCs so you could theoretically say that you'd be doing $15m in your first year of business and this would get you a large LOC (like the $250,000 you mentioned) as long as you personally back it.

@Justin Elliott  Sure. 

Quote from @Travis Elliott: I live in Cebu.Condos are a big thing here to investors.

Hi @Derek Elliott just my 2 cents and don't want to scare you off but I would seriously consider 7% renter occupied. 

Hi Elliott.

As Elliott said, you need to talk to a 1031 exchange agent to understand all of the intricacies of how a 1031 works.Broadly speaking, if you are selling a rental property you can take the proceeds and apply them towards an equal or greater 'like-kind' property (another rental).