It comes down to finding the best level of protection that fits your budget.When I sit down with clients, I always discuss (1) their personal assets, and (2) what their current investments portfolio and other business ventures are before discussing (3) their future goals.

I recall having asked my boss to do an appraisal of a home that I was trying to refi.

Then sit down and figure out if it is worth it. 

This profession can be tough, especially when starting out for reasons mentioned above, but it is also extremely rewarding, fun, and allows you the freedom to live life the way that you want to live it rather than sitting in a cubicle being yelled at by 4 different bosses about a deadline.  

One of the most obvious reasons that would be, even with me not knowing much about it, is that it has been sitting on the market with no one buying it.

Not exactly sure where I’d sit from a cash out refinance standpoint but it’s a thought. 

The people that bought last year in our area when interest rates were the highest are already sitting on equity (prices appreciated about 7%). 

An apartment sitting empty costs money.

We sit down, validate all expenses and split the net.   

We will even sit down and do an in person interview where I will answer all of your questions live.