I know cash flow is tough to come by right now, even harder when adding in the HELOC to the DS, so I'm curious about what it would take to refinance a property on closing day?

Owning 75% of a home with no money out of picket is much better than owning 0% of a property :)

I have a property that I am selling in Utah at 630k.

If you're looking at this from a distance, connecting with a local property manager could give you a clearer picture of what to expect in terms of tenant demand and property management challenges.Let me know if you need any more info or want to chat further about this.I hope that helps

@Stephanie Olejownik I bought 5 of these properties this year.

I have seen instances where a 1031 exchange was not required such as1) The overall gain from the sale of the investment property was very small or even negative2) The taxpayer had enough passive loss carryforwards to offset the gain.A 1031 exchange is a very powerful tool put it has to make sense before going forward.

It helps if you pay someone, usually an attorney, to be the manager of your LLC in that state.

There are turnkey companies or platforms like Roofstock that assist investors in doing so or you can contact property management companies or look for investor friendly real estate agents in that market to assist you.  

Keep watching the property and wait for a price cut.

If you are seeking an actual private lender or direct HML (as opposed to a third party broker) for an investment property transaction (not a consumer loan), there are numerous ways to identify them... consider starting your search here: https://aaplonline.com