Hoping at some point the interest rates drop!!!!

Check their occupancy, nightly rate and amenities.

If no response contact the State Banking group and get them involved.  

There’s a lot of construction, which could hurt both prices and vacancy rates.

Floating rate loans may help cash flow early in deal, but put a lot of risk into deals. 

Thought about refinancing at the time, but didn't do it before rates exploded.

I'm hoping appraisers start to see the value of these additional units in the next few years so that I can Refi into a traditional 30yr while rates are still low.

My two partners are willing to pay their share, but they’ve also offered me the option to take over the property completely since the loan is in my name.Here’s my dilemma: If I keep the property and rent it out, I could get around $2,300 in rent, but my mortgage is $3,300 at a 7% interest rate.

You can find flat rate listing agents as well for probably $1000 offer buyers agent $2K so they will take the time to show it. 

ConsiderationsCrime Rates: Some parts of Albuquerque have historically struggled with higher crime rates.