At the moment my ultimate goal is to lower the payment so when I convert this property to a rental eventually it is in a better spot to cash flow.Current Loan - 30 yr loan on a condo starting July 2023 Remaining balance - 365kRate - 7.25% Payment - 2625 Proposed Refi - 30 yr loan starting December 2025 (90% LTV)New Loan Amount (escrowed) - 376.4kClosing costs - 4584Rate - 6.35% Payment - 2348 Savings 277/m

Do 1031 rules allow me to use the proceeds from the sale of the first property to purchase the remaining 50% of the LLC that I don't already own...assuming the numbers line up?  

If you can keep delivering that, DSCR remains one of the strongest tools for momentum in 2025.

But questions remain about market vulnerability and community resistance to what some see as "hotel-ification" of neighborhoods.Read more about whether fractional ownership represents the future of vacation homes on the blog and then come back here to debate it. 

Best ways to add value on BP are to remain active on these forums, check out local events, and maybe even come out Vegas for BP Con next month.All the best!

Similar to a Military Member/Veteran when they get deployed they can rent out their home and come back can buy another primary home 100% which does depend on their remaining entitlement but in most cases its good to go and can have multiple VA loans.Every state offers its own special programs but you also have bank/lender programs built for your career! 

The goal with the additional cash flow is to aggressively pay off my remaining car and student loan balances within 1-1.5 years.

Once that is done, I would love to continue the conversation for the remaining steps.I appreciate any feedback you can offer.

However, location remains a crucial factor for long-term appreciation, often giving older homes in prime locations an advantage.

We decided to keep that tenant.After we took ownership, the remaining tenant started making multiple repair requests—bathroom, windows, and also suspected mold.