If you wanted to give her an extension, it should be at a higher rate.  

Terms should include interest rates, repayment schedules, and contingencies for unexpected issues.

Interest rate on the loan is 7.25.

Add to this the increase interest rates have caused commercial MF residential to get hammered.  

Of course when the risk free rate is sub zero, those with capital are urged to deploy it (allow known as quantitative easing).Of course there are many other factors like operator experience, specific market, specific deal etc, but generally this is one of the largest factors.

Just wanted to see what others are seeing for insurance rates?  

BrightInvestor offers a ton of market data and property data like crime heatmaps, appreciation rates, income data, and even off-market deals with automatic skip-tracing, analyzers, sales comps, and rent comps. 

Refinanced in 2017 roughly to drop PMI, lower interest rate and add my then wife to the mortgage.Selling for 287k in August of 2024I know that I won't have to pay capital gains tax on the profits- my question is the profit from the sale still treated like income and taxed accordingly?

In terms of getting into apartment complexes and large transactions - it's much easier than you think.Real estate is filled with opportunities to deploy capital, but in the same time is filled with fast-talking snake oil men that will happily take your money towards a "fund" so you own a portion of a large portfolio... only to find out the fund's performance is below par, your money is locked out, and the only person making money is the fund manager from the management fee they've locked you into. 

There’s still plenty of room on properties even with the tax rate.