Sell a Property Turnkey or Sell a Note and Hold Property?

[Taylor Jennings]

I just deleted about 30 lines of rambling in this post... I cut the fat.

SCENARIO 1

Would you sell a Property at 10.5% CAP for $48k (19% Equity) to make $16k and be clean of the house?

or

SCENARIO 2

Would you sell a Note at 8.0% APR on a 30yr at 70% LTV to pull $42k out, make $10k instantly and hold the property at a 13% CAP while Cash Flowing $138/mo?