The Josh Dorkin/Brandon Turner & early Brandon Turner/David Greene episodes were the best…realistic portfolios held by everyday people and deep dives into 2 or 3 or sometimes more of the properties, that kept me listening. 

A 1031 exchange from a personally held property into an LLC using a DSCR loan is possible, but it requires careful planning to stay compliant with IRS rules (especially around "same taxpayer" requirements).

That said, I have bought a number of properties where another investor held the tax lien, but I negotiated directly with the owner before the lienholder sued for title.

You’ve done a great job positioning the property: strong equity, solid cash flow, and a great rent-to-cost ratio.Here’s a quick breakdown of your options and how we typically look at it at Easy Street:Option 1: Cash-Out RefinanceIf you go this route with a traditional lender, you might get a lower rate than your 9% HELOC.But conventional lenders often cap cash-outs at 75% LTV and may give pushback depending on how long you've held the property or if it's in an LLC.Also, full income verification and stricter underwriting apply.Option 2: DSCR LoanThis could be a great fit if the property is a long-term rental.A DSCR (Debt Service Coverage Ratio) loan is based on the property’s rental income—not your personal income or tax returns.We offer 30-year fixed DSCR loans, and I’ve closed some recently at rates as low as 7%, depending on credit and leverage.You’d need at least a 1.0–1.25 DSCR (you’re at about 1.57, which is strong), so you’d qualify easily.Option 3: Pay Down the HELOCOnly makes sense if you're sitting on cash and want to reduce monthly payments or prepare to refinance later.But with $500/month cash flow, the property’s working well for you already.If you pay it off, you lock up capital that could otherwise go toward growing your portfolio.🔎 My Take:If you're not planning to sell or move personal assets into the property, I’d recommend refinancing into a DSCR loan:Lock in a fixed 30-year termPotentially lower your interest rate from 9%Free up your HELOC for the next deal!

It is usually the businesses that are held liable.

You could be held liable if a tenant with a firearm uses it improperly, especially if your policy encouraged or tacitly endorsed the possession of weapons on the property.

I am deaf and have held a professional job for four years.

We haven't seen the real crisis because they've held back on the foreclosures. 

When our clients bring us wholesale deals, here’s how we help protect their interests:Deal Analysis – We evaluate the numbers to ensure the property aligns with the client’s investment goals.Secure EMD Handling – We require the earnest money deposit (EMD) be held by an attorney or title company—never the wholesaler.Renovation Support – If the property needs work and our client lacks a general contractor, we refer one from our vetted network.Wholesaler Due Diligence – We verify how the wholesaler controls the property, especially if we haven’t worked with them before.Transparent Fee Structure – Once the contract is finalized, we include a line item for our fee so everything is clear and documented.This approach ensures our clients are protected and positioned for success, even in non-traditional transactions.

But I’m sure you’d be held responsible if something happened because of illegal overcrowding in a property you owned.