We do not invest in Syndications, not good or bad, we do our own investments with higher 250% to 400% COC returns in 2 years.But we have the same considerations, when making our investments.

The thing is there was a lot of appreciation in 2021 and parts of 2022.Real estate didn't appreciate(in general) much from Summer 2022 to start of 2024.In general, the investment, while lagging behind the stock market return, is not a bad investment.You got 10% cash on cash return in year 1 and 8% cash on cash return in year 2.It was negative in year 3 but that is okay if you beleive it to be around 10% going forward.A lot of investors are starving for cash-flowing deals so I am surprised these properties didn't appreciate much.

The standard response time is 6-8 months from cross-platform marketing, but bad marketing (will buy house for cash) without any personalization is 12 months or never.Maybe I should make a canned list with headers that I copy and paste to make it more clear. :)

Rod, you're in a strong position with your credit, equity, and income, and the key now is optimizing your financing strategy to scale efficiently while maintaining liquidity and leveraging smartly.The offer from your local bank isn’t bad, particularly because it provides the opportunity to convert your portfolio into a commercial loan, which would free up your DTI and allow you to scale further.

. :)  Thanks for tagging, Sean.David, you received mostly good advice from my colleagues on this thread and mostly bad advice from your CPA, it seems.

Reduce Vacancy and Bad Debt.

They don't really care so much about facts, reality, what's good or bad, they just want a giant damn snickers to cram in there pie-hole, and to feel guilt free when there doing it.Now before ya-shake your fist in the air over the collective stupidity/insanity of it all keep in mind, these are the same kids that we all decided to raise where nobody got 1st, 2nd or 3rd place anymore, no-no-no, we said that would hurt feelings so we decided regardless of actions EVERYONE got a medal, the exact same medal. 

I’m not saying you have a bad deal, or I wouldn’t buy it if it was located somewhere warmer without income tax.

Once you're all moved out & settled in your new primary, you could always explore DSCR rental loan options to take capital out of the rental property if seen fit-- which would also remove the current loan from self encumbrance & free up your DTI.It's never a bad idea to hold onto assets in an appreciating market!

You'll get all kinds of advice from novices here- good and bad.