Emotional ties don’t want it sold but beside that there’s much potential 5bd 4.5bth that needs much work (roof, plumbing) It’s definitely a project.Or leave that dream and agree to sell and use the $$$ to enter the game another way.

The conventional loans were done a year prior to the huge drop in rates.Possibly buy another property with the remaining equityDid I create a mess for myself by deeding the properties to the LLC before working with a commercial lender?

I made a test payment on the GA DOL website to see if I can get a linked receipt, but the email receipt is just a generic email- it doesn’t tie the payment to my llc or lien number.A side vent: I’m refinancing with Finance of America, with whom I’ve closed over half a dozen refis in four years without much trouble.

If your concerns are having too much of your portfolio invested in RE, then it might be wise to continue saving for a property down the road.Numbers might also make a difference here; for example, if the 25% of remaining savings is adequate for reserves for this condo and an emergency fund, then it might not be an issue.

Most RE project finance is either Equity(shares and shareholder loans), Debt or Hybrid(mezzanine finance,  preferred equity).Suppose a multifamily township development project has LVR or LTV of 60%, 60% debt capital can be raised, how should one model remaining 40% finance such that highest developers margin can be achieved after all the payoffs.Thanking in advance

Do you expect to remain employed by the federal government? 

For a property to generate a decent cash flow you would have to put down about 30-40% of the purchase price which means you would tie that money up for years (opportunity cost).

I didn't want to be tied to my laptop nor carry my laptop around everywhere I go.You can pay for it annually at a discount. 

I'm not refinancing my two so she remains on the mortgage and jointly owns the properties.Currently our plan is to remain married for tax benefits and to allow for a better CGT allowance if she sells one of her properties in the next two years.

.: $180.00Insurance: $126.00Property Taxes: $575.00Mortgage Payment$1,385.28Total: $2,886.28Financial projections1% rule: Slightly missed at .98%50% rule: $414.72 remaining