The snowball method is to pay off the lowest one first, the theory being that it keeps you motivated to then roll all that saved money into the next debt and the next.

I will be debt free and well "ahead" of the curve per my age bracket so far as net worth is concerned.

Can close in LLC.DSCR(debt service coverage ratio)- designed for real estate investors that do not want to use their tax returns to qualify to buy investment property.

He needs this funding for debt consolidation and other things.

It is going to be key to get your debt to income ratio just right.  

So, my plan has changed to use some of this capital to pay off my debt to be able to qualify for a loan.

Other than paying down the debt, were there any other options? 

On the other hand if you are wanting to be 100% or close to it debt free and get the purchase price covered from the profit/equity from the existing place than it might be worth selling and buying another place - may be even out of state - North Carolina or Floria or may be even some other states.

For years, I knew that I did not want to stay in the Northeast but up until now I haven't felt like I was ready or had a good excuse to take the plunge and move.I have been reducing the amount of "stuff" in my life for years to the point where I can now fit everything that I own in (or on) my 2011 Honda Fit.I have paid off all of my debt, have over 6 months of my current spending in cash, and have a current NW around $282k with $120k of that in a taxable account.I have a stable job as a Data Analyst that I have been working remote with since the pandemic hit.I am single with no children or pets (but do have 2 small house plants)I love walking, cycling, mountain biking, snowboarding, kayaking, hiking... basically all things active and outdoors.I like to reduce the amount of my personal consumption and focus on the important things in life such as my relationships, health, and finances.I am that guy in the neighborhood that always walks or bikes everywhere although I have a great car parked in the driveway.Anyway, a good friend of mine asked what I thought about moving out west with him.

A survey and phase 1 will likely be required if you are getting debt, and smart to get those done either way just for peace of mind, but those will cost money as well.