Hope things are going well.I feel we are at an inflection point in lending.

Thanks for any insight…just feels too good to be true.

I too live in Marin, and feel it is a solid long term market for apprecaition, and utilizing the power of principle reduction.When it comes to refinancing, figure out what the loan costs will be, then divide that buy the monthly savings with the new loan in order to determine how long you have to maintain that loan to break even. 

Go to Eliteinvest.com in Chicago look at what a real full gut rehab is and compare.  

Amortize your major repairs (roof, hvac, built in appliances) and add an estimate for small maintenance.This feels not terrible to me.

The list goes on and on.As always, please feel free to reach out to our team as they can facilitate any further questions.

Feel free to pm if you need more assistance.

When they do, feel free to reach out. 

The other quesiton i have is if private equity is starting to get involved in this market, companies like Apollo & Carlyle, does that change your feelings about getting involved in the space?

It was a gut punch to see the tenants whose income we were counting on mass exodus the building right after we closed Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?