One-Time Restoration.

Cash out refinance the property (trading equity for debt) and pay out the cash to yourself and your business partners.2.

I flip fire-damaged properties and own a fire damage restoration company.

One thing I think I did learn yesterday is that based on my original calculation, putting the $250k toward the investment portion would result in taxable book on the mortgage payoff of $35,000 because no equivalent debt will be left on the investment portion (only the mortgage debt acquired to obtain the residential portion of our purchased property).

I would prefer to make up the down payment of friends and family and debt for the rest.

The greatest thing you could do at this stage in your life is choose a career path that doesn't involve taking out debt.

The lender said that my Debt to income is too high and causing me not to qualify.

My life's decisions were severely impacted by the debt I carried from college and grad school.

Only non-real estate debt is student loan and car.

Not my first choice as I was wanting to keep my debt and tax burden lower on my primary residence but I think it’s my best option long term to take advantage of the low rates while they last.