@Bryan HarveyJust realize they provide high returns but it’s my understanding your investment is an unsecured loan.

I was just thinking today there was all this excitement about VA loan assumptions there for a while when interest rates started going up. 

Then, if it is still negative cash flow, but the equity is there, then consider selling. 

I would keep as much liquid as possible and essentially get you to 20% equity or more by renovating the property. 

I too live in Marin, and feel it is a solid long term market for apprecaition, and utilizing the power of principle reduction.When it comes to refinancing, figure out what the loan costs will be, then divide that buy the monthly savings with the new loan in order to determine how long you have to maintain that loan to break even. 

So you are talking about a loan of $200K.

One option could be using the equity in your business rather than cashing out entirely.

Bridge loan.

and I was just one little mortgage guy with 450 loans out.. can you imagine the banks with hundreds of thousands of loans and servicing companies.. so having mass equity or paid for keeps this from ever being an issue. then when I sold these off.. most for cash but a lot I did a 30 to 60 month ZERO interest deal on.... and boy you should have heard the cash flow cool laid drinkers..

He pays seller's note ("outside" loan), and then the seller turns around and pays his loan ("inside" loan).