Have close friends to buy vacation rentals in Valencia.They pay cash and don't care about it as a business- more so a place for them to visit when they want.

Hey @Adriana McLaughlin - This is actually the FIRST TIME I have heard of the term "ALL-IN-ONE-FIRST-LIEN", but after doing a little bit of reading on it I am not sure I still completely understand.Basically, you apply for a HELOC credit payoff your existing mortgage with this variable HELOC and then in theory have some leftover as well...so the advantage is paying off your loan early and getting access to a line of credit, but the disadvantage would be a variable rate mortgage for the reminder due on your orginal first mortgage? 

Do you recommend I just pay it? 

The property is still your responsibilityBuyers will claim to sellers that they no longer have any responsibilities and that the seller doesn't have to worry about paying the mortgage fixing the property or taking care of expenses.

That is not an issue.the question is how to coordinate the two sales and one purchase. if it’s too complicated, may just pay the capital gain tax.Quote from @Bill B.: You lost all hope at step 1.

Move into the triplex for two years and use IRS Publication 523 Sale of a Residence to not have to pay some of the Cap Gains when you Sell.

Do you think at 7% DSCR it is even worth it, considering the fourplex will essentially just pay off its own mortgage + taxes and not have any leftover?  

I'm paying very high monthly fees and additional management/service charges but am still not getting the help/education I would like.

A "seller" like you would pay that up front. 

Purchase price: $585,000 House hacking my first SFH - airbnbing the basement that has a separate entrance and my partner pays me for rent How did you finance this deal?