The local casino just replaced free charging with 50c/kwh (4-10x the home price.) when they figured out people were just leaving their car there to charge while they went home.

Or that the remodel wasn't performed by a licensed professional. 

It creates over-leverage and the performance of one property is dependent on the other.

Staying at flamingo island using Marriott points and Hyatt casino using Hyatt points flying business with AF flying blue to Paris in Mag with my wife and 2 kids 45k points each leg, staying at an Airbnb paid cash and in Budapest at the W wirh 6 night cerficatesgoing to Italy in September flying economy in Iberia for 4 people, 25k Alaska points one way ($1000 per person when i checked) staying at the grand Victoria hotel in lake comp with my 3 night Hilton verticales ($1300 per night value) still planning the return and the rest of the trip

So you’d be ok coming out of pocket another $130k and paying $780k for this property if the builders fail to perform?

To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.

Quote from @Chris Seveney: Quote from @Luis Pereiro: Hello BPI'm looking to connect with investors interested in purchasing a mortgage note (performing).

The new property has to perform enough better than what you have to pay the higher interest rate on the higher balance, AND ADDITIONAL profit just to payback the $65k you lost selling.

Just keep an eye on how both markets are performing, and maybe start small, like taking out $50k, so you can test the waters without over-leveraging.

...if so, how is it performing?