Given the slim cash flow from the property and the uncertainty about the new mortgage rate, it's understandable to be contemplating whether to hold or sell.If you anticipate further growth in the market, holding onto the property could be beneficial in the long term.

Any ideas to get this deal?

Obviously, the slab is still holding everything it needs, so the dirt would just be to keep it that way.

Foundations are designed to support homes, not hold back water (maybe to some small degree).

Your holding costs are going to kill your numbers.

Investment Info:Single-family residence buy & hold investment.

What a great idea.

I have no idea why you would think that making a choice to change lenders would be a reason to get out of a deal.

Good idea!

I have zero interest in rehabbing/flipping, etc. and am looking at the turnkey approach for long term buy and hold rentals.