Adjustable-Rate MortgagesAdjustable-rate mortgages (ARMs) typically start with a lower mortgage rate than a traditional 30-year fixed mortgage.

We quit real estate investing and it took me 23 years to start again.

It’s been a learning experience, and I think this is the push I needed to start looking at properties that the value comes from the NOI.

Connect now and start learning!

Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.

I'll be happy to refer your partner whenever there's a client ready to start a project.

Then, in April last year, my husband and I started a business, and I temporarily put both of those on hold while taking care of my dad.

Loan Officer, Brave Mortgage called me and we started a refinance option to be able to hold the property and get out of the balloon payment.

Rents started to come down and I had to leave a lot more money in projects that I was in the middle of.  

If you drop the PM and hold this property consider it a fresh start.