If your deals are over $1,000,000 there are some additional options though as they can almost qualify for agency debt.

And in any event increased debt =increased risk. 

I am thinking if these were owner occ though ( I mainly deal with non owner) and the new rules it could be tougher .so I would plan on paying them off.. and if they have not filed a default then you just learn the time lines in that state and you know worse case scenario when you need to pay them off.

Does anyone have a Maine 7 day notice eviction form?

But if you find they are legit then contact them (Google their main number.

Anything secured against the property will be paid off (it may be a partial pay off depending on negotiations with your lender) but you will still have the responsibility to not only use all of the cash in the next purchase but also to purchase at least as much as you sell.So, if you've had to make a partial payoff to sell the property you'll either have to replace the debt or bring in cash from somewhere else to meet your 1031 requirements.

Current appraisal is 155k and I have debt of 128k.

Joseph Platyan Keller Williams Main Line Realty 

Leverage debt. 

Tucson AZ investor looking to connect with others across the country interested in mobile home parks as their main source of investments.