So you’d be ok coming out of pocket another $130k and paying $780k for this property if the builders fail to perform?

The new property has to perform enough better than what you have to pay the higher interest rate on the higher balance, AND ADDITIONAL profit just to payback the $65k you lost selling.

I only by the commercial line that is supposed to stand up to higher traffic use...we will see.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I only use them if I have a solid borrower, and need a high LTC/LTARV, but I find Kiavi a little bit easier to navigate. 

To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.

Just keep an eye on how both markets are performing, and maybe start small, like taking out $50k, so you can test the waters without over-leveraging.

...if so, how is it performing?

Instead of this, I find it more helpful to look at percentile performance across the market for a specific asset type, and also to check comps.

The type of heater installed is a baseboard heater, which heats up slowly and is designed to run consistently for optimal performance.