As we have grown I see value in building relationships with lenders, consolidating my business from a lot of different private guys to a couple lenders would make things much easier and most likely cheaper for me.

.• Consolidate Properties: If you have several single-family rentals, you could exchange multiple of them into a single, higher-value asset.

Pacific Pallisades is also a poster child for this consolidation.

That means looking at which units are underperforming, which ones have rising maintenance or CapEx risks, and deciding where to consolidate or reposition.Ideally, every unit should be netting at least $600 per month.

So when you run the numbers a refinance into a 30 year mortgage taking out the cash you need offers a lower payment.A Heloc is also a 2nd lien tool where that can be a hurdle down the road as you cannot borrow more from a home if there is a mortgage and Heloc you have to refinance to consolidate.

I would like some advice on debt consolidation I have two properties one is my primary residence which appraised for 143k in 2023.

Just consolidate your finances and make sure you can weather a downturn.Network, but NEVER pay for a mentor.  

., home renovations, debt consolidation, emergency expenses, and education.Recently, when I was considering a small business loan for a franchise, I was advised to consider using a home equity loan to cover some of the running costs, as I already have sufficient capital in my home as equity.

@Sachin AminIt might be worth doing a 1031 exchange in reinvesting into a more favorable market, like @Arman Ahmed had mentioned.If you do go that route, you could also do what we call a consolidation exchange, where you combine multiple smaller investment properties in your sale and purchase a larger investment property in a 1031 exchange.

Talk to tax man  if you sell individual houses you will lose your 121 tax free and have to pay the highest rates.. many times for a little extra money the risk and work is not worth it unless this is going to be an on going thing.I wonder if whats happening there is builder/developers are just replatting or confirming underlying lots that were consolidated years ago.. thats a huge deal out west ..And I helped a BP member find that hidden gold on a project she did in Nashville.