I assume your goal is to have as many assets as possible to leverage and grow your wealth.Comment:  This is what I would do. 

+ good locations+ add value+ cash flow+ prudent leverage+ long-term debt= improved chances of success in up and down marketsDeal flow is king right now. 

Anyone have an educated 1031 exchange contact for the philadelphia market?

So I’m in a bit of a dilemma, I have about 25k in credit card debt, more than half of which was used for rich dad poor dad elite education.

So I’m in a bit of a dilemma, I have about 25k in credit card debt, more than half of which was used for rich dad poor dad elite education.

Perhaps you had a good gut feeling but went through the wrong leveraging options to purchase. 

My recommendation is to educate yourself first on the basic process before jumping into a JV with someone you've never met.

Two Organizations if you are buying in Philadelphia that a must join;Diversified Investors Group (This REIA is connected to the Greater Philadelphia Market and has 5 Sub Group Meetings in Philadelphia Alone)HAPCO - Philadelphia's Landlord Association Advocate - Landlord Eviction Program, Education and Sourcing where to go and how to do in Philadelphia Landlording.CDC's,  RCO's & or Neighborhood Associations - It is no longer by Zip Code sourcing deals in Philadelphia anymore it is by neighborhood designation.

Amazing how many deals get lost because of poor training, education, and simple Math .

That refinancing deal taught me that if I want to scale and use leverage, I need to do multifamily.