@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.

Have you already asked your current lender?

Low taxes, low crime, low homelessness, friendly people, all 4 seasons, etc!

In the meantime I would put the money in a low risk account gaining 4-5% which for $250k would be around $1k/month.

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. 

And the laws and regulations here are very different, not very strict like the states.Prices are high and rents are low over here.

Originally posted for 100k over what the purchase price was I submitted an low offer and received a counter.

The current monthly payments from all units will remain constant for 35 years, but obviously the value of those payments will be worth far less 35 years from now due to inflation.

They look to have some success with taking deals full-cycle and currently have a sun belt multi-property offering that I'm researching.