Interest only options would be ideal.Is there a better strategy that I’m not thinking of?

@Spencer Herrick, a few things things to think about:1.

Do you think there are better rates available, or is this typical for business loans at the moment?

But the 2 of 5 rule for excluding up to $500,000 in taxable gains might (we don't know how long you have owned it.)We also don't know your equity position in the property, or how much you are thinking to taking out of it.  

I've discussed this with my real estate attorney who isn't a syndication attorney, and he seems to think that this could work, but to be safe, should be a small group without any association with my company. 

I just remember thinking that the Rochester inspectors seemed a little too strict, interpreting every rule as harshly as possible.

@Ash Hegde What do you think about this? 

You maybe thinking, $100,000 to pay off debt?

What do you guys think? 

But I think people tend to look at what a rental property is going to do in year 1 and just pass it by.i.e.