Debt is pulling back and expecting in many cases, along with insurance for new owners to cure these problems.

If the real estate market pulls back, this "partner" has 100% of the risk of losing money.  

Then refinancing once it’s build to pull out the equity to get them their return. 

@Rusty Scott Price reduction vs pulling out cash does not make sense in this instance.

After 15 years in this business, the hard market looks like it's here to stay. my background is in underwriting cargo, commercial auto and marine risk for oil & gas and trucking and all markets are facing repricing or pulling out altogether due to higher losses during covid.

I'm looking for advice on how to feel more comfortable pulling the trigger on my first out of state rental property.

. $5,000 net after taxes and insurance Internet is responsible for maintenance.Down payment: 30kValue: $725k +Current loan: $440kI just wanna pull $50-$75,000 of equity out of the property without being killed on a really high interest rate.

The walk out lower level offers an additional room with two twin beds, a game room, and another TV 50" area with a pull out sleeper sofa.

I would also pull out enough cash to go and buy more real estate to help increase cash flow.

. $5,000 net after taxes and insurance Internet is responsible for maintenance.Down payment: 30kValue: $725k +Current loan: $440kI just wanna pull $50-$75,000 of equity out of the property without being killed on a really high interest rate.