I'm not saying this will never happen to me, but I'd probably be vastly more likely to win the lottery before that happened haha.I can attest to #8 as well.

So why would they go skinny to win your business? 

This should be win-win and your 10 yr older self will appreciate it down the line. 

An experienced broker with lots of choices at the palm of their hand is probably the best bet.

I guess a flat seasonal fee like any insurance policy, sometimes you win, sometimes you lose.

Multifamily real estate has traditionally been a stable asset class, and the Washington D.C. metro has traditionally been a stable market area, making the two together a good safe bet, especially for anyone with a long-term view of their investing strategy.

I’m not a betting man.

After 20+ years, I hear from so many who are more motivated by fear than optimism and make decisions based on not losing rather than a high probability of winning. 

Throw in that you can dramatically increase the value of the property once you show consistent rent rolls much higher than when the space was used for LTR, and you have a big win. 

@Guillermo PerezPositives:- Equity Built: You now have $70K in equity, which is a solid result for your first deal.Cash Flow Potential: If the property rents well and covers your debt service while providing some cash flow, that’s a win.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.