So, you may need to pay it off prior to doing a cash out refi with a traditional bank, or at the very least, tell the hard money lender what you are trying to do and get their blessing for the transfer.Most hard money lenders are easy to work with as long as they know what you are doing or looking to accomplish. 

What exactly are you trying to accomplish?

In order to stay on track we are both going to hold each other responsible for accomplishing tasks.

But I’m just have trouble in choosing a right path to accomplish my goal

-There are children living in the premise.Here's what I want to accomplish: -Raise the rent to match the market by giving out a notice.

Account ClosedYou will most likely need to discuss this with your tax attorney as there is a way to accomplish what you are trying to do but very specific rules apply.

If you’ve accomplished the trifecta of proper positioning, professional leasing services, and professional management, you put your building in the best position to create demand from business owners who looking for space.

If you’ve accomplished the trifecta of proper positioning, professional leasing services, and professional management, you put your building in the best position to create demand from business owners who looking for space.

Had I not taken that uncomfortable step 5-6 years ago, I wouldnt have been able to accomplish all the things I have today.GOOD LUCK!

Its a new year, I'm ready to finally dive in and accomplish my goal of purchasing my first property within the next few months!!