Hello Mike, thank you for the reply, you are the right person to listen to.

It's not a great time to refi if you wanted the equity from it, but it sounds like you are going to trade this house to do the same thing again so why not keep it and do the same thing again since you are thinking you might need to go big on your personal residence next?

Thank youStaton As long as it was advertised and available to rent you can deduct it.The only exception is if you had personal use above 14 days in that year.

Personally I wouldn't use Zillow, I can only imagine they want to introduce a future fee for the service.

They don’t have an office but a single person who answered.

Or even riskier: a commercial balloon loan with a high interest rate and a personal guarantee that is due IN FULL after 5 years!

Personally, I believe there are much better ways to invest in RE, even with limited knowledge or bandwidth. 

Hi Ashely,For a cash out refinance, I haven't seen one that can do better than 75% LTV personally.

You are not the first person to bring this up.

It seems like a rural setting is about the only place a person could place one.