I know someone who ahd a loand written at 10% from years ago and now they said a state is requesting more info on the loan because it was above usury laws and they may have to cut a check back to that person.Let me guess, good old Pennsylvania? 

Keep in mind refinancing costs typically range from 2%-5% of the loan amount, so weigh the upfront costs against the long-term savings to see what works best for your goals.Good luck!

if you don't mind me asking, who was your lender.

They request interior pictures and a walk thru.The Upper duplex is a single unit with the kitchen & living room on the 3rd floor and the bedrooms on the 4th.  

And just the other day, I was grabbing coffee with a friend who reps a group of invsetors out in San Antonio.. they got burned early on by not clarifying their rental criteria, picking up a triplex that sounded good on paper but turned out to have a revolving door of problematic tenants.A baseline business plan isn’t just a mind-numbing exercise.. it’s the guardrail that keeps your momentum from swerving off into the ditch.

Two potential solutions I have in my mind are:1.

I am always looking to talk to like minded people. 

That’s a great reminder of how even small details can significantly impact the way a property’s value is perceived.I’ll definitely keep this in mind as I work on formatting my T-12s and ensure they’re straightforward and professional.

It’s worth understanding their opinion and sometimes this kind of request means they see more potential in the deals than they’re letting on.

That’s why I’m here—to connect, collaborate, and grow with like-minded investors.If you’ve been where I am, or if you’re scaling your portfolio and want to talk strategy, let’s connect.