your owner occ loan should be done at todays rate what your bank quoted you was commercial terms and not even good ones..

Also, I have dealt with 6+ Chicago evictions in one building lolI have learned that if I take all these rough experiences as a badge of honor and share them like you are, each one only makes me more equipped to be a better investor.The education & experience received in 1.5 years takes some investors 10 years! 

If all else fails, 😀 ReSure's got extensive resources on all these subjects in our educational platform (which actually includes some plagiarizing from Michael!

Don't know if any of those apply to you or not, but good to check with your lender today and get them to run your credit so you know what your targets are. 

Next step"If you could sell today, what would you like to get for your property, considering no closing cost, no realtor fees, and as-is condition? 

If you're not sure what the fuss is all about, read this older post first:https://www.biggerpockets.com/forums/51/topics/1122635-the-s...Today, we're discussing a very specific question related to STRs: Can you buy an STR in December and still catch all the tax benefits of the so-called STR loophole?

From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.

@Maria Jeanette Educate yourself on the difference between Checkbook IRA and Custodial IRA. 

Can you educate me? 

There is a huge rainbow of options existing, today, ranging expense to sell/buy anywhere from $250 too 7% and all points in between.