How long it takes to be financially ready is different for everyone.

Very hard without the LLC not holding assets for collateral.There is a trick out there with getting company credit cards and then going to a company who will cash you out of those cards and those cards usually hold a very low APR or no APR for the first 12 months.I know someone who got 150k like that, BUT, what if you blow that money then you have that debt hanging over your head. 

It seems to me that people who are in a good place financially would laugh at a sub2 offer.

I’m in the process of stocking my tool belt with all the knowledge needed to take full advantage of my assets. 

Services I am looking to get help with are business entity creation, tax planning, asset protection and tax prep.   

what are you doing with the asset that it is on? 

Hell everyone,I’m new to the Bigger Pockets platform and real estate investing in general, and I’ve learned so much over the past few days than I’ve ever learned in years about the real-estate asset class.

This one asset will not make or break your portfolio, like you said it won't even cash flow well so really it's in the portfolio to pad the number of houses in the portfolio.On the other hand...170k pretax is around 102k clear after short term capital gains tax.That 102k gets you liquid and keeps the journey going. 

If there's no way to stabilize the asset, I would likely sell and 1031.  

When looking at debt funds it is critical to understand the capital stackMost debt funds invest in secured assets but the key question is “what am I considered”Many debt funds will sell 1. unsecured bonds, 2. limited right obligations 3.