Hi BiggerPockets Community,I’m heading to The National Due Diligence Convention in Houston this weekend.  

It was originally purchased for around $150K in 2020, with a $50K HELOC added in 2022.

I have been under contract since 10/10 on a quadplex in Wisconsin.

The house still appraised for over sale price but I was wondering if this could be used as a negotiation moment or am I SOL? 

You can find them in the event forums here and they get very good turnouts.

What are the trends showing in the 78747 area? 

I can’t comment on Destin but I’m in Marco Island.

A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.

Thanks in advance. 

That's exactly what I'm saying, pay off your entire balance before the statement closes (option 1), not on the actual payment due date (option 2)                                                              Option 1               Option 2Prior statement balance on Nov 1             $0               $5,000New charge on Nov 5                         $10,000             $10,000Paid on due date Nov 10                             $0              -$5,000Paid on closing date Nov 30             -$10,000                      $0Statement Balance on Nov 30                    $0              $10,000The ultimate goal is not to pay off your statement balance in full each month.