The guys have updated my on your situation, and would love to see if there's something else we can do to help.

Conventional loan with 10% down at 4.5%.

Those that do you need to understand your situation.

Conventional Loan at 3% How did you add value to the deal?

And it may be worth it if paying off the other loan frees up significant cash flow in reduced mortgage payment.2.

This is a common situation for a lot of my agent contacts with owners trying to sell in that area.There can be returns, but you need to purchase the right property and have the right plan. 

This has numerous implications should the buyer not make payments, or the loan be accelerated.2.

Please tell us more about the financing you have lined up - is it a traditional mortgage, DSR loan, HELOC...Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location(s) to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Thanks in advance.Kay Hey Kay,If the portfolio is mostly free and clear and you're trying to pull some cash out for equity, it seems like a cash out refi would be a great choice. 30 year DSCR loans are available to lend to LLC's and depending on the situation can cash out up to 70-80% ARV.

If I use my FHA loan, after a year of living in the household, can I convert my FHA to my LLC and still reap the benefits of that 3.5% down payment?