CHOICES, that's all it is, choices.     

NACA could call the loan if they think you didn't make a necessary choice, they do not consider paying off credit cards as okay.Your HELOC lender can also close the line if your FICO goes down or they find out they are in 3rd position.NACA is an amazing product no down, no PMI, low rate, no fees - you sure don't want them to call the loan.

Zoning laws can seem really boring but ultimately make a huge difference in how our city works and also what you can do on your own property.

It's been two year hopefully you made a choice back then 2 years ago when the situation is much better.

Or i guess ultimate question is should i sell the property or there is a way to decrease the cost?

@Kyle Weinapple this is a personal choice regard a cost/risk ratio.

Examples are as follows:5-4-3-2-1 (Stepdown in %)Flat 55555 (5% for all 5 years or 3 years (5-5-5)6 months of interest pmts on 80% of the loan balance (hybrid penalty)your PPP choice directly impacts your rate and DSCR so be sure to weigh out these factors altogether. 

We are always here to assist in guidance depending on the situation and what your ultimate goals are.

I appreciate your service and dedication.Given your connection to Memphis, it sounds like a great choice for your real estate investments.

There has been so much AirBnB panic over the last year and a half, yet I have not experienced any of it personally, actually the opposite.We changed our pricing strategy for 2024 based on some market analysis from the previous year in an effort to increase lead times, average stay, and ultimately revenue.