We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

I've dabbled in learning different areas before, but never been focused.

These items have me slightly concerned and weighs on my decision, making me want to "take the money and run".Question: Would you sell, abandoning a 3.125% interest rate, $1000/mo cashflow (which I believe would be roughly halved if a loan were taken for the capital improvements to the larger property), to lock in the equity gains tax-free made since 2020?

Many, but not ALL are only focused on the commissions he/ she will earn and not focused, on your best interests.

Don't spend your time with other agents as a focus. 

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Where I’m Focusing: Ohio (Dayton and Cincinnati) — I already have trusted partners for renovation and construction.Investment Strategies: I’m interested in fix-and-flip and BRRRR.Open to Networking: Real estate agents, investors, contractors, and anyone passionate about real estate.My Goal: To learn from experienced investors, share ideas, and build a scalable real estate business.Looking forward to connecting and learning from this great community! 

If you have the cash to make a lump sum payment and are happy with your current loan terms, recasting could be a smart move to improve your financial flexibility.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).