The property could likely sell for close to what we put in, about $230k, based on other properties in the area in similar condition.

Quote from @Deborah Wodell: I get quotes as much as I can before we close (sometimes this does not work).

If the market value mentioned above is accurate and the “initial” loan balance hasn’t increased by rehab funding, I wrote above that the proceeds are just a couple million after closing costs and commissions.

I also am working with an investor who is about to close on a unit just outside of Charlotte. let me know if you would like to connect and have a chat about the areas. 

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.

I'm closing on a 74k sq ft (5 warehouses) Class B Industrial facility this week. 

Winter can still do well but we are not quite close enough for any ski mountains. 

I can see the angle they're going for but, no, it's not against fair housing.Your PM is most likely looking to get paid and/or their own attorney is also looking to get paid.Regardless of when your PMA is expiring, you should be able to request them to close the case.

Make sure your real estate agent isn't just about closing that one deal but understands the benefit of protecting you on each purchase to ensure that you keep buying because you are enjoying success.  2.

Early on in my career, I saw a close frend do something similar.. she borrowed from her circle to finance a rural fixer-upper, then paid them back once she refinanced after the rehab.I’m guessing that massive yard plus the barn is already a big selling point for your tenant, especially with a family that wants a little extra room for animals.