You should sit in on these conversations.

Tell anyone and everyone what you do and be intentional about your conversations.

Thanks for sharingSo the seller agreed she misinterpreted the conversation but was willing to move forward since the contract was clear.

I have financed the acquisition of a property that was to be converted in to a retirement home.  The term of the investment went a little longer than expected, and I was just paid out my interest for the initial debt ...

And per a recent conversation I had with @Andrew Postell - you may be able to do even higher; though I would caution about the impact on your cashflow.If you don't already, be sure to get out to a number of networking events. 

Get prepared to have those conversations...

Love that you found this deal by taking massive action - Most people wouldn't have taken the time to spark up a conversation with the neighbors to figure out the status of the property.

Looking to my wife’s happiness and what’s best for our future family has been a huge guiding factor in my thought process.Yea I have kind moved away from the idea of being an agent or broker, though I may get my license at some point just to have personal access to the MLS.I do really prefer more personal face to face conversations so I like your advice about looking for local meet-ups.

It's also a bit more difficult to have those tough conversations when he makes mistakes or is taking too long to finish something.Either way, it's been a great learning experience that'll help me make more informed decisions on the next one.

Conversely if I do a cash-out refi, I'd just have 2 loans?