Market OverviewEconomic Growth: Albuquerque's economy is a blend of military bases, nuclear research facilities, and universities.

You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

With that being said, in order to make the right decision the answer is in the math of the blended rate.

I ask because most who write similar posts on BiggerPockets are unable and I am sorry but  "A unique blend of benefits that are favorable for R.E investors who are sole proprietors" sounds like something a  fear mongering asset protection company will tell you before upselling the expensive and unnecessary asset protection product.

Here’s the approach I’d take, blending strategy and action: 1.

Id go right into looking at local credit unions and small community banks for HELOCs (lines of credit) so you can have a lower blended rate and draw/payback as you please.For the 3F - Since this is free and clear, you would only be looking at 1st position options here in the world of financing.

Yes, I know Vanguard’s recent-ish medium term projection for Large Cap Blend is 3-5%, but please; I don’t want to lose, in the weeds, this narrative momentum I’ve worked so hard for.

In Dallas, you’ve got a range of local outfits who focus on new construction..firms that, from what I’ve heard, know how to blend contemporary style with the Texan vibe buyers love.

Most Heloc rates right now are around 7.75% to 10% so if you look at your blended rate between your fist and Heloc you would be better off doing a cash out refinance.A lot of people forget or simply do not know that if you do a cash out refinance the rate does go up but in 12 to 24 months if you do a "rate and term" refinance you can get it back down fairly close to where it was at prior.

This unique blend of economic opportunity and lifestyle appeal positions these cities as prime locations for both investment and personal residence.You mentioned Roan Mountain and Watauga Lake.. both are fantastic draws.