Use a future value calculatorto determine the value 5, 10 yr's from now and get EXCITED!!!

If so, you should invest that into the other asset at the same low 30-year fixed interest rate and determine what to do with your 7/1 ARM at a later date (refinance or sell).

Overview:New roof -- need to replace roof over both porchesnew 10 y/o furnace in basementno plumbing, electrical, or HVACgutted down to studs throughoutduplex (2/1 over 2/1) current setupnew windows for flip; determining if i can use existing for BRRRR

This will help people connect with you after determining how their goals, services and resources align with yours.- use the 'search' function to find topics, members and areas of interest.

So with commercial properties appraisals and value of the property are determined by using the NOI (Net Operating income) that the property brings in.

If you have a real estate agency then you need to determine if the umbrella will cover over the Professional Liability (E&O policy).There are companies that write Umbrella policies on a stand alone basis. 

I am a 27-year-old clinical pharmacist by day, with a strong curiosity for real estate investing, especially starting with small multi-family investing in the western Massachusetts area.

This is useful for the purposes of determining loan value by the lender but adds no value to you as there is often no correlation between build cost and sales price.

I think your next step will be mostly determined by your end goal! 

We don't yet know how much will pay our insurance and afraid to get from them less then we need, and we determined that what we need is close to $50k.