Once that extra rental started generating income, he realized the higher interest rate was just a temporary hiccup on the way to bigger returns.In your case, maybe look at a structure that keeps your best cash-flow property on a lighter refi (say 50% or 60% LTV) while you go a bit heavier on the one that’s not producing as much right now.

It seems like you’d get at least an extra $100/mo and it would pay for itself.

Lets say you needed $100k in financing at 12% + 2 points and it took you a year to rehab and refinance that is an extra $14k + closing costs.2. you mention roof is 18-20k.

The home would be about 6 weeks for my team customarily but the outside is large so 2 extra weeks to be safe.

If this is your primary residence and you have an extra bedroom (or can make an extra bedroom), AirBnb can be very lucrative. 

You can go the one property route but I think doing an agreement period is much more motivating for the agent (and will save you time, hassle, etc)

This extra year gives property owners more time to schedule inspections and make necessary repairs.Key Points:Applies to multifamily properties with three or more units.Covers balconies, decks, and elevated elements made of wood or similar materials.Inspections must be completed by licensed professionals and repeated every six years.Hazards identified must be repaired promptly.With the extension, now’s the time to plan ahead.

Not sure if it had something more to do with pandemic response to move to lower priced areas or what the motivation was.  

The idea is to motivate the contractor/subcontractor to deal with any issues that may arise within a few months after the project is done. 

I want to upgrade my house up a notch in the couple years and get a couple little extras like that.