If the legal balance is already at 60% LTV for example, would a seller expect a higher amount than the legal balance possibly?

If you want to charge higher prices your place needs to justify it.

Part of that you can justify because of the necessary repairs, but overall higher price points appreciate differently.The median home price has basically doubled in Milwaukee from about 160k to 320k in the last 10 years.

But lucky or unlucky of us, the home appraised higher, which provided us with more equity to start out with.

Richard,Due to higher rates a HELOC can sometimes be a financial burden and a deal killer down the road.

In my market it seems the higher-quality renters want interaction.

@Brandon StainesOption 1: do nothing you stay on mortgage and good is you still own 50% of house but bad is if she defaults then it hurts your credit tooOption 2: have her buy you out but that would require a new mortgage at a much higher rateNot much else you can do.

Regarding #2, we would be looking at beachfront areas in higher traffic vacation areas (Hawaii).

They’re not standard where I live, but prospective tenants are thrilled to hen my units have them and don’t mind paying higher rent.

More work but higher pay.