@Jerry ZhangRecommend speaking with them and getting the case number and information about the case and post it.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Speaking of which.. what’s your plan if the property needs more updates than expected..would you hold it longer, or look for other creative ways to make it work? 

That'll help you figure out what direction to aim in before speaking with a bank to figure out how much you can qualify for. 

Hello, I have been speaking with an investor who would like to partner with me on some future real estate investments.

Owning an asset is never a bad idea, especially if it's income producing.I would speak to a CPA about using cash from a WLI policy. 

Looking forward to speaking with you. 

Totally ok if you don't plan to take any capital out as interest rates are likely higher than your original loan, and it sounds like the deal will cash flow, but just wanted to point that out so you are speaking the same language. 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

i would speak to your cpa, as you may be able to get all or most of the gains tax free if they lives in it two of the last 5 years. vs what you can get if you rent it outof course consult with your cpa for tax advise