Was feeling uneasy with the economy and wanted more cash to scale and to reduce debt.  

As far as the pricing for debt, banks will typically charge 1% as the originaiton, doc prep and construction debt is generally priced at WSJ +.5-1 point.

If not, there may be some additional benefits of home ownership in the Los Angeles that could be worth looking into.

In addition to Storey Lake, we like Solara, Windsor at Westside, Windsor Island.

What can you sell this home for as-is and what can you sell the home for if you spend the additional $450,000?

The property, sold by a joint venture between JBG SMITH and PGIM for $325 million, or $588/SF, was approximately 26% below its 2019 valuation.Other examples include Lennar's acquisition of its Miami, Florida headquarters for $68 million, or $319/SF, and First Energy's purchase of its Akron, Ohio headquarters for $49 million, or $136/SF, both at substantial discounts to replacement cost.Investors pricing deals at discounts to existing debt is a parallel trend.

If you haven't already, a professional eviction service might offer additional strategies for dealing with difficult tenants and can coordinate with law enforcement to ensure safe access for inspection.Hiring private security for a short period post-eviction can help ensure safety.

And in addition to it working for us personally it also seemed to make sense financially.

You will pay half of the extra 5% in  additional upfront fees not to mention the rate being higher as well.

The impact of the Fed's action will likely be not only on interest rates but also on spreads, which in turn will restart activity up and down the debt capital stack.Hotel cap rate forecasts have been inching higher.