Most of the people who took forbearance will have other ways to rework the equity or loans.

*Some books to get you started shaping a champion mindset: Shoe Dog, Essentialism, The Comfort Crisis, The 5AM Club, Zero to One, Good to Great, Principles, Rework, Contagious, Can’t Hurt me, Relentless, 48 Laws of Power.

We bought the property As-Is, which involved us performing a minor roof repair, replacing a toilet fill-valve, and re-working an electrical panel to pass inspection in order secure a mortgage.

We bought the property As-Is, which involved us performing a minor roof repair, replacing a toilet fill-valve, and re-working an electrical panel to pass inspection in order secure a mortgage.

IMO spend some time learning the basics of how the money part of RE works - learns how to run the numbers then try to figure out what YOUR goals are - long term cash flow? 

Purchase price: $2,225,000 Cash invested: $1,400,000 Sale price: $5,600,000 Complete rework of the existing floor-plan and update of 5400 sf sfr.

Did not use to be that way but PMs have reworked their agreements with current owners because of money lost from bookings they had to cancel.

I re-worked the numbers, and got exact numbers on the mortgage, down payment, interest rate, etc.

If you take those out and rework the math correctly you'd have only 8000 debt by pulling the 2000 out. 

@Catherine Davis May need to rework your numbers. 3% vacancy is your tenant staying an average of 33 1/3 months. 3/100=1/33 1/3.