The deadline for sending 1099’s is February 1 – the same date as W-2’s for employees.

Dates vary.

Your options are limited with that much first mortgage debt on the house.

Where this gets tricky is that FHA does have county loan limits. 

Here are the numbers I've calculated  based on 80% refi of all 3 properties, at 30 years, at 5.25%:Item                              Current                 Post-RefiCash available         $        0                   $300,000 +/- Cash Flow/Year       $   65,000              $  52,000 +/- Re-invest $300k from Cash out as 20% DP on more properties (there's an even better way than this too)& using the same ratios of ARV to NCF, you could increase your NCF an added:  $78,000/year; to $ 130,000/yearYou are sitting on a Gold Mine here, and you're thinking like a "homeowner"...not an investor...although you're not alone.Your Options:  Limited by the maximum Cash Flow from existing properties after complete payoff Max CF/Year                                                                                    =  $   95kCost to do this (pay off all mortgages using your cash)          =  $  456kNet result                                                                                        = - $ 361K  (that's a loss)REFI ALL Option:  Limited by ???????                                                                                                             

The beauty of Seller financing is that you are not limited by convention, but rather are limited to what you can negotiate.

It also limits how often you can claim this exclusion to once every 5 years (instead of 2).However, it is politics so who knows if the tax reform bill will become law.

Then the tenant came up with some sob story and managed to schedule another court date.

I practice analyzing deals every day.In June I set a date where I would begin the process of finding my first rental property.

@Shaun Palmer, From the date of the close of your sale you have 45 days to shop around.