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Do you need a pre-ban rifle? if not sell it and fund your new build from the proceeds.
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This +1, I don't think WA needs pre-ban ARs.
Changing a 20" HBAR to a carbine is going to take a bit of work...
Gonna need to change the barrel to a 16" which means you need an upper block and a vice and a good barrel wrench and a torque wrench that does in-lbs. Then you're gonna need to change the A2 butts tock to a CAR or M4 butt stock meaning your gonna need a butt stock spanner. And if you have a fixed handle upper and want a flattop with a picatinny rail then you'll need to swap out the upper...
Easier to sell the pre-ban rifle for a good price to someone in a non-free state and buy or build a new one already configured the way you want it. At very least just buy another upper then all you have to do is swap out the butt stock for a collapsible one.