Thought about refinancing at the time, but didn't do it before rates exploded.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

Market Fluctuations – What if appreciation stalls, or rates rise, impacting your refi strategy?

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

I have other assets in Canada but I looking at bringing everything here when the exchange rate is better.

When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates.

The metrics I'm primarily focused on are: rent appreciation rate, property appreciation rate, economic growth rate, unemployment rate on the macro level.

@Arlinda RexhoWhen considering a 32-64 unit multifamily property in Texas, focus on strong locations with population growth, proximity to amenities, and low crime rates.

If it was due to a natural disaster they cannot raise your rates.

For the 10 year period spanning December 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.4% in that period.