Maybe you planned for interest rates to drop and they didn’t.

Also with the more normal interest rates, the financing deals from 10 years ago don't exist anymore.

Offer to pay them off in 5-10 years at a higher interest rate.

I would just be careful hopping back in now as interest rates and low inventory are making it very difficult if you aren't finding your own off-market options to buy.

If you sell, it will cost you a lot of $$$ Plus, you best asset is the interest rate.

The deal is structured with partial seller financing ($766k) below market rates (varied on each unit).

Strong job growth, low unemployment rate, and strong population growth.

I joined this community because I want to get my hands dirty and not just meet people online but form some real connections and try to provide value back to those that are willing to offer me advise and guidance, and even encouragement.So, this is my current situation:Back in 2020 I was one of the fortunate ones who purchased real estate when prices were still low (compared to today) and interest rates where at 3% or below.

Sure, we can say we have a 98% rent collection rate or that most tenant placements average 27 days etc etc but notice the "most" or "average".

. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.