The 1031 exchange can be a powerful friend in a consolidation situation like this because you can both use the leverage of deferred tax and continue to shelter it plus you lessen the inherent risk of over leveraging debt.  

Even if it's just a little Facebook page or something, it might be neat to consolidate ourselves into a place where it's much easier to bounce ideas off each other or offer up projects.

We have had numerous clients going through 1031 Exchanges in order to qualify for purchase money loans (as opposed to cash-out refinance transactions) or to consolidate a number of properties into one larger property in order to reduce the number of outstanding loans.

In order to compensate us for this, we pay 1100.00 of the 1365.00 monthly.Situation: A month ago I thought it would be a good deal to take some money out of the equity to consolidate debt.

My biggest fear is that a lot of people are going to get hurt as a result of the government sanctionedcreative financing known as the ARM.Some didn’t know what they were getting into with the ARM’s; all they saw was a lower mortgage payment with their CC debt consolidated.

Along with the credit repair operations, we also do Debt Consolidation, Credit Rebuilding, Credit Restoration, Budget Analysis, Mortgage Pre-qualifications, Mortgage Audit, Loss Mitigation, and Repossession and Foreclosure Prevention.

But what about if the HO has taken out a debt consolidation second mortgage or HELOC?

Some desperate people don't like to pick up a phone -- they receive hundreds of calls from mortgage companies, debt consolidation, etc.

Whether or not he 'chills out' and loosens the reins when he achieves that goal, or continues to consolidate his power, remains to be seen.

I hear a lot about portfolio lenders and wondered if it made sense to try and consolidate all 3 into one loan (assuming that's how the portfolio lenders work).Mortgage 1, 30 yr conv, 6.75%, 2008, 55k orig bal, 46k remain, PITI $470/mo.