Rates are simply higher now then when you got the 6.4% so in a way that 6.4% is an asset (the primary REALLY is an asset at 2.9%).  

Once possession is regained, secure the unit immediately, change the locks, inspect for damages, and document everything.As for the money judgment, the reality is that most tenants in eviction cases don’t have assets or stable income, making collections tough.

In Tampa here as well.That is a question for your asset protection attorney, but most of our borrowers/clients in FL have LLCs.

Hey @Joy Daniels, I read everything I can all the time.I read a few blogs that go over products and some design.

These two loan types are among the few exceptions that permit closing directly in the name of an LLC.Most of my clients initially take title in their own name, then later transfer the property into an LLC or land trust for asset protection or tax benefits.

A lot of buyers will want to see that they’re walking into an income-producing asset, not just another house.On pricing, start with comparative market analysis to ensure you're not overpricing it, but also don’t undercut yourself.

Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?

FWIW, I've had assets in the Midwest for over 20 years - they do OK.

Specifically, if the property requires full rehabilitation and currently has no rental income, once I complete the renovations, stabilize the asset, and generate competitive returns, would this successfully support my cash-out refinance value-add approach?

I would say markets are going to start "correcting" and it will vary between location and product type.