Still learning about how it works but this is my understanding today.We have decided to continue with this deal, due to the location of the property, the fact by licencing the extension and renovating the building we should be able to get a price increase from a buyer as a private home.

I will continue my due diligence process and you both have helped me gain more confidence with my decision to start working with Praxis.

I realize this comes with the STR business but if I'm going to continue to use VRBO I need to find away to attract the "good" guests and minimize the bad ones.

All major flippers in town have heavily compressed ARV to accommodate for the potential of the downward slide to continue.

Therefore, your financial freedom hinges on new companies continuously moving into the city, creating replacement jobs.Companies have many options when selecting a location to set up operations.

Many banks securitize their loans (bundle them together) and sell the loans to Fannie Mae or Freddie Mac, while continuing to service the loans, that is collect your payment.

Yet they still continued to raise funds for NCM even though it was a losing venture. 

That seems like a more realistic result than just “talking to the bank” and having them agree to let the arrangement continue.

Faced with mounting expenses, extended timelines, and diminishing returns, we ultimately decided to sell the property instead of continuing with the BRRRR strategy.The Insurance Mistake:The biggest lesson I learned was that I had the wrong type of insurance.

By continuing to support a system which has stolen millions of homes from American people, for your own profit,  you are a part of the problem.