Hi Lorenzo, Within my 20 years of experience, I’ve seen this play out many times, especially in competitive markets like East Boston.

Deception and perception play a major negative role.

You may just stumble into seller financing if play your cards right.

As you discover opportunities, continue looking for the longer play!

@Tom HallAt 7% if you can I would pay it down as investing it net after tax gains may not get you the 7% you are paying - so it’s less riskDownside is you lose liquidity of that money as it’s tied in your propertyIf rates come down in future you can refinance and even take some of the cash out.Regarding your question are rates coming down, a lot of factors come into play but right now it does not appear there will be significant changes to rates over next 3-6 months.

🙌 I’ve definitely seen the pros and cons play out in both single-family and multifamily properties in my own journey.

The Private Equity and Institutional investor is playing the ADU game - I’m working with them.

We're probably not going to take the risk if we're busy agents to play that game. 

The property owner retains full ownership of the property, including the title, control, and decision-making authority.

I currently live and invest in the area and know my market but many of out of state investors get taken advantage of if there don't play an active role Detroit.