In case you have not noticed, our national debt is already out of control, and there're legal limits on additional borrowing.The government has a third option: print more money.

.- If I use any of the above, can I use a portion of the money to pay off personal debt?

. $100 million equity & debt managed.

That would be a debt service cover ratio of 1.5.

I conducted title searches to confirm there are no liens and double-checked with the county to ensure there are no outstanding debts.

These markets tend to attract a lot of investor activity, which can drive prices up, leading local homeowners to take on more debt to afford homes in their area."

You don't necessarily need to replace it with exactly $140k in debt, as long as the total purchase price meets or exceeds your sale price and all the proceeds are reinvested.Using Proceeds as a Down PaymentYes, your $300k could absolutely serve as a down payment on a larger property, like a $1.5M asset, depending on your financing.

The “Big deals” are…You have to buy something you don’t already own, not pay off debt, renovate a home you own, or build on land you already own.You have to spend all the “cash” you receive.You have spend more than your net selling price.You can never receive or have control of the cash, you need a QI PRIOR to selling. 

Eliminate debt, establish a budget, and save.

I want to place a lien on my Ohio home (that is owned by my single-member OH LLC) with my WY LLC (or could use TX LLX) as the lienholder, so it shows debt and strips the equity.