7:1a Therefore, beloved, since we have these promises,

Therefore, my loved friends, having those promises,
-or-
You (plur.) whom I love, since God promised those things to us (incl.),

7:1b let us cleanse ourselves from everything that defiles body and spirit,

we (incl.) must cleanse ourselves from every practice that defiles body and spirit,
-or-
let us avoid all practices that make any part of us bad/disgusting before God.

7:1c perfecting holiness in the fear of God.

(Good News Translation) and let us be completely holy by living in awe of God.

and ⌊we must⌋ make holiness perfect by means of fearing ⌊and revering⌋ God.
-or-
Let us also work to be completely holy by living in awe of God.

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