There are many STRs that do quite well in the suburbs of major cityies Off the top of my head, I can think of one of the STRs we manage that is 40 mins outside of Dallas and it has a great occupancy rate.

Used funds to pay other debt off plus out cash in the side.  

If I refinance for $279,000 and use $70,000 of the proceeds to pay off the HELOC, will the interest on the full $279,000 refinanced loan remain fully tax-deductible?

Be ready for "spouces" not knowing their house will be auctioned off in <<4 weeks.

Guys, no investor wants to pay off a low rate mortgage so you are just spinning your wheels. 

And that is the reason why a LIRP can provide much more retirement income.You don't pay interest on the loans and the death benefit pays off the loans when you die.

How much do they want you to to pay, to pay off one of the mortgages (or both of their existing mortgages)? 

I invested to test out the process in the short term, as it was supposed to "mature" and be paid off in March 2024, and here we are in December. 

In the OFF-chance (not as common), you're looking to get into a DSCR loan...there are ways to get no origination or processing fee by originating your own loan (yes this is possible and you can do it in 39 states without a license).

For example, if the land was inherited with a value of $1,000,000 in 2017 and you split off 12 lots that sold for $200k each.