So if your debt (consumer or mortgage) is above an 8%, then feel free to pay it down to lock in that return.

It seems like people who stays for several months would be interested in a hassle free to exercise. 

I would say you only qualify for tax free gains on the percentage that was your primary.

If you're local to Milwaukee, come to our mixer on Tuesday (posted under BiggerPockets events)---there will be lots of brokers, banks, credit unions and lenders there. 

@Rakesh Battula you can pay for programs, pay for coaches, but if you are truly committed you can learn a lot online for free.

House hacking sounds intriguing, but for now, I'm staying rent-free and saving every penny for that perfect property that'll set me on my way.

Feel free to reach out if you have any questions.

Another thing to consider is if the property and loan are in the LLC, not sure if it is currently against your credit and if you had to guarantee the loan but if you move it to your name now you have to include it in your DTI, so that could impact your borrowing ability

So feel free to reach out and let's connect!

Feel free to dm me.