@Jeremy BourgeoisYou couldAlso refinance it from another lenderDon’t assume they will extend it as they could sell the note - or they also could increase the interest rate to whatever they want as they have you by the you know whatI would look to partner with someone on developing it

Current cash flow is $557/MO - Cap Rate 6.9% and COC 18%.Does this sound like a great opportunity?

So I'm going through DSCR because of LLC purposes and I know the interest rates are higher than normal, with my credit about 7.2% hopefully ngl haven't confirmed.

Knoxville has a big upside for sure so holding it, especially with that rate is quite enticing.

I'm not looking to refinance my NJ property because I have a great interest rate. 

unfortunately, with both rates and prices high, it is very, very difficult to cash flow, even in a low cost market.i understand that not everyone's personal / family situation permits them to house hack, but there's no better way to get started. 

What’s an attractive price point and cap rate?

Hi Felipe,Most title companies will give you an estimate for their fees but tell them you're an investor and ask for investor rates.

Depending on your needs, we can share our perspective on success rates in various Disney area communities taking amenities, bedroom count, proximity to Disney, theming and all those factors into account..and we can refer you to a realtor who is a good match for you.

Ensure you have a buffer for unexpected costs.Risk Assessment: Identify and evaluate potential risks such as market volatility, changes in interest rates, tenant turnover, and property damage.