The following infographics and data is courtesy of the Austin Board of Realtors:Housing inventory remains virtually unchanged at 1 month for the entire MSA but the number of new listings is notably lower than it was in July.

Inventory is low and with the housing shortage, it will remain a seller’s market.

Remaining aggregate loan balances: $100,000.  

So the investor chose to not keep all liquidity tied up in one property, cash out & convert to a rental instead.

Hello Fellow DMV Investors,Here are some interesting recent stories from the D.C. real estate world.DC metro housing market continues to moderateBaltimore Housing Prices Remain HighProperties near Union Market sell for an eye-catching priceCushman & Wakefield's former D.C. chief launches new real estate ventureDC metro has nation’s 5th-largest spike in apartment rental activityKeep up with issues specific to the region with Russell Brazil and Jack Seidens' DC Real Estate Podcast and the latest sales trends with Cassidy Burns' DMV Weekly Market Update.

Case still remains open as I haven't heard back from adjuster yet.The current tenant is now saying they want repairs made in 10 days or withholding rent in an escrow account with a lawyer. 

I’m needing some advice and I’m hoping to get several opinions/points of view with respect to 15yr vs 30yr and cash out refi vs HELOC on my primary residence and a decision that I’m trying to make which all ties in to my goal of investing in my first rental property.

A securities attorney can give you specific advice as to whether you are offering a security and would need to do all of the appropriate disclosures & paperwork to fall under Reg D rule 506 (b) or (c).In this case it sounds like you likely would need to use an exemption in order to remain in compliance.

I know I’m going to take a hit to cash flow with the refi, but I’m okay with that.The other conundrum I have is, if I have all of this on paper/in writing to show them the numbers all add up, how willing would a bank be to loan me the remaining money?

The person “owning the apartment actually owns those shares in the corporation owning the building and has a “priority” lease on the apartment they occupy that is specifically tied to those shares.The corporate by laws will state what percentage ownership must approve a conversion to condominium structure.