Congrats - did you refinance into long-term debt yet?

Simple answer: the faster you pay off the debt, the less interest you will pay.

I guess I'm asking for something like a hard money lender, but I don't know if they lend on assets you already own.I guess you could put the paid off rental in a sandbox (trust, or corporation) so that the income from that rental is only counted against the debt from that rental then take basically any loan on it, but outside of that what options are there?

There were comments that the sponsor wrote they did not believe in fixed debt and went with adjusted debt because you lose the chance for rates to go down.

These remaining assets will be owned free and clear, without any mortgage debt, and will begin generating consistent cash flow, which will be directed towards regular investor distributions.This transition represents a significant milestone in our strategy to streamline the portfolio, reduce risk, and ensure healthier returns for you all.Looking AheadAs always, we appreciate your trust and confidence in Poly Capital Group.

I'm sure they'll just make sure the company has no assets and debt, so when they get a few million dollar fine they'll just have the company declare bankruptcy and dissolve.

You call people mean, angry, or aggressive for giving you advice that isn't what you want to hear.Too few people think their sense of self is not a big part of their real estate investing future, but they are wrong.

Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax returns (yea, yea), im planning to first start with my bank wells fargo.This would be my first home and at 1st plan to live in it, possible house hack, going for a -$300k loan. should i go traditional, fha , i plan to be on a fixed rate so I dont get surprises later on.In my situation, what down payment amount do you think will be needed .

Forgive the lengthy post!

We also broker multifamily loans to banks, credit unions, CMBS, debt funds, and private lenders.