If you build a relationship with a Banker you can call and have a detailed conversation about rates.

Hi Andrew, glad to have you in the forums, there are plenty of good conversations happening on here especially for out of state long term renting.

I pay about $2500 a year for each of my partnership returns with my CPA regardless of whether it’s a $1M deal or a $5M deal.I would save the partnership conversation for if and when you are doing much bigger deals.

I had a good conversation with the representative.

CT spots like Bridgeport and New Haven also pop up a lot in conversations about good starter markets.

There are so many variables and some of the biggest misunderstandings come from regional variances on how these variables are handled (mortgages & financing especially).I had thought progressing towards multifamily and then commercial was the obvious path to follow, but one conversation changed it all.

Let us know how we can continue the conversation!

This shifts the conversation from opinion to facts, which is harder to dispute.Keep Emotions Out of ItNegotiations can get tense, but staying calm and professional gives you the upper hand.

I do know many lawyers that own investment properties themselves and in conversation have found out that most of them represent themselves in court during evictions.

With the HELOC and then converting it to a term loan you will probably be paying higher interest and/or shorter amortization period on conversion which will mean higher monthly payments.