Would love feedback on initial pro formaView report*This link comes directly from our calculators, based on information input by the member who posted.

Any input is appreciated.

@Joel Calkins, I appreciate your input.

We have a singular condo property in a pretty good location. We purchased the property for 33,000 in 2018. The property is a 1 bed 1 bath 700 sq ft home with a kitchen and living area. Currently we rent it out for $6...

Thanks in advance for input and help.

I can't thank everyone enough for their input on this.  

Thank you all for your input - I did not expect this much detail! 

It is already way beyond taxes for some LL's.

Any input is greatly appreciated.

I would like to get some input from some of you experienced BP real estate investors whether I should:A) refinance 2 of the 4 rentals with a mtg for a 15 yr at 3% (currently 30 yr mtg at 4.375% - 4.875%) and let the tenants pay off the mortgage in a shorter term and take my time to pay off the other 2 with lower mtg balance.B) to sell a couple of them at current seller's market and pay off at least 2 of the mortgages with higher mtg balance which would save in tremendous amount of interest and take the extra cash flow to pay more into principal of the other 2 mtg to get it paid off quicker.C) Or to refinance the 2-3 properties for 15 year mtg and sell the other 1-2 properties and invest the proceeds in the stock or cryptocurrency market and try to pay off the mortgages in the future with the gains.