But that doesn't mean you must swap it out.

I just swapped out a perfectly good 5-1-1 programmable thermostat for a non-programmable thermostat because the tenant couldn't figure out how to program it with the instructions right in front of her.

I swap out the entire hardware, then rekey the set I took out.

Message me and we can swap info

Which loan would you recommend I go with based on their figures - Blanket loan covering 8 SFHScenario 1. 5 years amortized for 30years - Balloon payment at the end of 5 years (option to pay off or refi.)Loan Amount $1.33mLTV: up to 65%Amortization - 30yearsTerm: 60 monthsInterest Rate: 4.8% (5 year swap + 3.4%)Guaranty/Cash Management: Non Recourse.

For example, if you have 0 reno experience start with units that are just minor cosmetic reno's such as paint, cleaning, swap carpets, simple simple light cosmetics.

If you want to swap real estate in a bad economy then your cap rate goes to hell.

My lawyer drafted it for my first one in 2010 and I swapped out owner names, addresses, amounts, etc multiple times.Let me know!

Thank you Stephanie.. all good points.. will just swap it and avoid potential headache

We're shopping for the best terms and I'm wondering if anyone has used a 504 lender for the first piece that will do a swap?