Hey @Jessica Lopez, once your Airbnb is optimized, then I'd suggest speaking with a few lenders to see what you could get on a cash-out.

Advise is to get in contact with a lender that has experience in structuring these mortgages where you can move on to the next one and plan ahead.

If I don't sell the rental, what kind of lenders offer loans so I can buy back the other portion that was gifted to the nonprofit?  

I'm actively looking to refinance some small self-storage assets. Current LTVs are ~40%. Seeking a higher LTV cash-out refi. Properties located in small markets in the Carolinas.Anyone have any recommendations?

Think about what the payment is, and what that payment got you 20 years ago compared to today - because in 20 years it’s gonna be worse and they have a low rate they will never refinance and you will basically have an upside down investment with the risk they could default.

BP has a ton of horrible agents, **** lenders, etc. 

The buyer was informed that the interest rate will be floating because the construction completion date is further away (5 months) according to the preferred lender.

It is very inexpensive compared to what gurus charge and provides a lot more usable information.5.

Hi Margarita-Great question.There are many mental blocks and friction points to buying your first property.First off, just buying property outside of a first or second home to use is not done by most people and buying your first home is a major purchase for most people.That means the people in our immediate sphere of influence are not thinking about buying investment property, they see it as risky and out of a sense of protecting you or themselves encourage you not to do it.I remember having the same mental blocks and fears you probably do thinking about buying your first property or first investment property.The most critical thing to overcoming these mental blocks is self education and surrounding yourself with the best team of people to help you.An investor friendly Realtor who can refer you to an investor friendly lender, title company or closing office, property inspector, property manager, and insurance agent.Real estate is relational and having the best team will keep you out of the weeds.To Your Success!

The lender did all the work, I don't remember doing much of anything, they made it work.