A second message came today suggesting it might be easier to chat via email:Hi Ryan,How about we exchange information through email, so it would be easier?

As you can imagine the recent exits have lower average IRRs than the ones before, but did outperform proforma.We do have to agree with the comments on this string that our earlier exits did benefit from the 'all ships rising' effect.

Shoot me your email and I’ll send it over to him.

I very well understand that the majority of people can't imagine this, but for instance during Covid many people I knew disagreed with the forced vaccines and such but were too scared to stand up for themselves.

I imagine that the property tax rate can be calculated quite differently with residential rental properties.

It's pretty much a war zone there and I've had to communicate mostly by e-mail and text as cell service is about non-existent, and all the roads are closed so there's no driving over there and no gas even if you did get there. 

Imagine the 2nd property is a 4plex, each unit can be rented $1500/unit of 75% =$1125 x 4 units =$4500 worth of income to offset your that 2nd property.

I can't imagine that the "deals" are on the market or even on wholesale since the owner doesn't want to sell.

Emailed CPA and no response.

My advice is to get other quotes and possibly pull the loan from that bank before it costs you too much money.Feel free to reach out via message or email I would be happy to help and take a look at your LE and go over why they reduced LTV and if you can get back to 75% or 80%.