Once it's provided, your lender will need a day or two to update everything with the loan because they cant balance the CD without the updated payoff info.

Whatever you choose, it’s all about balancing cost, effort, and potential return!

It’s important to strike a balance here.3.

Right now (Q3 2024) everything seems overbanked/overbought.Currently, my focus has been purposely broad but currently split between: A) SF business (wholesaling/rehab) I was asked to take over (on almost no notice – am still badly catching up) and B) Small balance MF and mobile/manufactured housing (<~50-100 units for physical/operational value add)I have made some progress on each but not where I would like to be although I have just recently gotten involved in the sub-institutional space again.

If I NEED to sell within five years, this calculation provides insight into the real-world return that incorporates these vital aspects of the investment.I want a balance between steady cash flow and long-term appreciation potential. 

I feel reducing debt is a safe bet.Thanks,Troy When it comes to debt reduction, I would always recommend either starting with the lowest loan balance or the highest monthly payment debt. 

.- Rental Opportunities: With a rental vacancy rate of 6.0%, there's a reasonable balance between supply and demand in the rental market.

While there is nothing illegal about this, and there is certainly value in over capitalizing a deal to have reserves, this is a balance.  

The higher the mortgage balance (could be anywhere from $200-$300k+) you could consider taking slightly higher rates for the shorter PPP as refinancing in the future could make more sense than paying down points now with longer PPPs. 

For the equity they must be able to pull from home value vs mortgage balance.