I would recommend either a HELOC as well so you don't have to refinance into a higher rate mortgage OR a refi bridge if they are free & clear and you are OK with a higher rate to get max LTV on these SFR's.

I'm usually biased towards not selling to keep growing your portfolio unless the property is underperforming or a major headache.If you need introductions to lenders, feel free to send me a PM and I will get you connected.

The upside, we will be loan free and clear on both rentals and cashflow for both would bring in $1950/month.

I think he has so much free time to read poolside in Vegas!!

Here is a list of items that can search on:I've got a link to a free trial in my signature line. 

If he chooses to stay on the property, he can live rent-free in the next 3-5 years.

3rd federal savings and loan might do it they are based in OH however I think they want to be first loan holder so it would need to be paid paid off free and clear also I was told they have a heloc that they will pay a portion or all of the closeing cost I used them on my prime residence vary good rates however the rep I worked with was very vary slow with responding and pushing things along good luck I will be doing this same thing on 2 rentals soon so be sure and post what you figured out thanks

Fell free to reach out!

It doesn’t hurt to obtain the free knowledge.

In many instances like this one - by the time it gets investigated damage is already donePlease feel free to DM me any information you have on these companies that you are willing to share.Your friends should make a report to the SEC (via sec.gov/tcr).