So its easier for the bank to refinance a private money deal rather than an a free and clear deal?

Good morning @Marisa Rowe and welcome.In the forums I’ll spend less than an hour per week.

While this is by no means an exhaustive list, the following questions will help you get started on your new journey.Do I Need a Partner?

@Jared G.I'd focus less on what you absolutely hate and focus more on acquiring the skill set to achieve the goals you set for yourself.There's very much this cheap pop psychological belief in our society that some people are introverts, and some are extroverts, and an introvert can never acquire, no matter how hard he works,  the social skills than an extrovert has.

If everything requires a phone call or if a lawyer is typing on a typewriter or only using fax, the process is tedious and exhausting for everyone involved.

I am trying to send a reasonable offer than an unintelligent one.Any help is appreciated.PS: Some numbers are random to keep anonymity of this property

After 2 weeks of exhausting work, we put it on the market.

Also, I've heard of cases where umbrella only kicks in when all of your other insurances have been exhausted and there are some other "got ya" clauses so if you are going with umbrella, make sure you know exactly how it works, when it kicks in and what it actually covers.

There are many neighborhoods in America where you can do much better than an 8 or even a 10 cap on multifamily deals, but the question is - would you be willing to venture into those areas?  

It has exhausted it's investment potential through appreciation and as a rental is now a liability.I would be listing to sell immediately to not only access the equity but to avoid any further negative cash flow.