I’m currently being put on my parents feed.Now, I want to get a loan to pay off their balance $45k, get a lower interest rate (and yes it would be lower, believe it or not theirs is 9% and has been for years) and pull money out for some debt at this point I only want to pull out $20k.Obviously, there is equity.What’s the best loan for this?

The lender is going to foreclose, then take the deficiency judgment on the balance left from the sale of each of these properties and post judgment against the other properties.

But there's a lot to like about the Portland suburbs as well, it just depends on what you are hoping to achieve, the skills or assets you bring to the table, and your timeline.

I’m curious, how are you finding that balance between selling quickly and maximizing value for your clients in this market?

How to find info I need (remaining mortgage balance, mortgage payments) to go in with eyes-wide-open and present an excellent solution to the Seller's problem.b.

Set long-term goals to achieve financial independence and diversify your portfolio over time.Good luck!

They tend to be a bit more of tenant turnover.Just make sure you run rent comps and can achieve the increase projectedGood luckGino

It’s all about balancing the funding so you’re not caught off guard when costs inevitably rise.Hard money lenders are often a good option because they’re specifically geared toward short-term investments like flips. 

You need to find out more about the business plan for this property and how they are going to achieve the projected returns because this property will be cash flow negative at the time of acquisition based on the numbers you provided. 

back in 2020 when I bought a pool of assets, there were some assets included where the tax balance was greater than a property value.