Hello!Backstory: As some of you know based on previous post of mine I've found my first "possible" real estate deal.  A co-worker of mine is selling her condo (which is not listed on the market) and is allowing me fir...

Zero help getting that balance back.

It is about creating a balance between being open to new tenants and protecting your property interests diligently.By fostering a more secure leasing process, you can ensure that your properties remain profitable and that your relationships with genuine tenants are based on trust and reliability.

Again how we balance automation and the use of AI for ops streamlining with human-centered property management is key.

What I'm thinking is that you may be able to pay the remaining $44k HELOC balance based on your cashflow.

For example if you sold on year 1 on a 5 year prepayment penalty, the lender would hit you with 5% of the principal balance. 

As a licensed contractor and real estate agent, I can review your estimates, ask the questions you might not know to ask, and help you make an informed decision that balances cost with quality.

Most often it's in free & clear properties but, in a high enough desire area like these, and with low enough mortgage balance, yup, some can 100% get enough on the sale to have it all make sense because as @Jay Hinrichs has pointed out that in these areas the majority value is in the land not the structures on the land. 

Its not balance your not going to replace a 3% loan payoff with a 8 % new origination in today market.

By building strong connections and sharing knowledge, we can support each other's journeys and uncover new pathways to success.Moreover, let's not forget the importance of maintaining a healthy work-life balance.