Sometimes a fresh perspective and the right contacts can turn things around.Don't let the traditional lending approach get you down.

I have a property in Kansas City that has been freshly renovated.

Read a couple of books first, so you have a fresh start with some of the basics before you go.   

If you are that far below market rent, then you should consider terminating this lease and starting fresh with a new tenant at market rate.

In hindsight I wish I would have put things into more of a pro and con list as it would be easier for readers, but understand it was just kind of brain dump as I was just doing my tax records so it was fresh on my mind.

I enjoyed reading your post and the sense of newness and freshness of the start of your journey.

The interest rate on the triplex is 7.5%, but because I took out a construction loan to help offset renovation costs, my lender says the ARV was already baked in, and a refinance would not make sense on that property either.

Who would lend 50k+ to a grad fresh out of college???

That’s with a property manager handling everything and after their fees and reasonable repairs and vacancies baked in.

Worthwhile keeping a  few fresh fruits  lying around?