It sounds like at the current moment a HELOC would be the way to go as it can help keep costs low by only paying interest on what I pull out rather than doing a refi and being locked in to a higher payment regardless whether or not I find a deal.

Yep I know it- I've had multiple tax clients over the years face a mean surprise with that. 

How is the property titled and are you carrying debt on it? 

I already went a couple years without even talking to them.I have been slowly rising the rent like $50 a month every year but its still way under market value by at least $500 - $1000 a month.It is a old house and does have its flaws which is expected in a 100+ year old home.What would you do or how much should I raise it at renewal?

@Evan Thomas AndriolaDepends on the proeprty/tenant Class.Class A: we usually recommend newer/nice appliancesClass B: we recommend used appliances because tenants don't take the best care of them.Class C/D: we do NOT recommend appliances because tenants don't clean, leading to so much caked on food/grease it's realistically not cleanable.

Instead, start by sharing why you’re interested and ask questions to understand the seller’s motivation like, ‘Why do you think it hasn’t sold yet?’

The reason being they see no benefit and they do not understand it. 

This sounds like it could be a good deal for the partners, and perhaps the bank, but a terribly risky deal for you, with little upside.What exactly do you mean by, “There will be a promissory note drafted for the amount and the duration and interest rates”?

It's this Thursday (3/6/25) at Palmetto Brewing on Huger St at 6p.

The owner was basically giving it away.