I assume cut value by 20%?

It is incorrect, but it will also lower your value!

I would consider selling if you have lived in the home the past 2 / 5 years since you have a decent amount of tax free equity in there but as long as you have a plan to reinvest those funds.By your numbers, since you have an amazing rate and high rents, I would consider renting it out if you believe your area will continue to grow in value.

Great information from regular, experienced contributors whose opinions I value.

Bank loan How did you add value to the deal?

I am thinking of the value of:- Built ins - for closets, mud rooms- Functionality - where to put washer dryer, 3 bed 3.5 bath or 4 bed 2.5 bath?

You’re also going to have a 25% depreciation recapture on 3.6% (got) per year on the building value, 10 years in your case…so random guessing.

I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

The quicker you can take action on the high dollar value decsions the quicker you will be able to grow.For sure take the time to setup the right foundation, but keeping it simple and easy when you are getting going is a safe bet!