We were going to do a portfolio refi, but our bank put a pause on all those products because of the 'Rona.

It's always sometime to consider when you're viewing your community growth or pause in growth.

Now, I will pause here to say that I do recognize that some people do invest for appreciation, but I do not believe I am skilled enough to try to assume the market based off of MY experience.

The market has been hot.. then COVID hit and it sort of paused.. and now we're dealing with very little supply and bidding wars.

My go-to is doing 80% of PP, 70% of ARV max; 10% interest with 2 pts, 3mo interest in escrow (for bridge loan, long-term private notes are completely paused still). 

I understand why Foreclosures have been paused.

So this is the pause button while we reign it back in.

We started the refi process to get cash out of our house for a down payment, but currently paused it because of the uncertainty of covid, home prices, not narrowing down our market yet, etc. 

We do 4 inspections per year (although we have paused them during COVID) and that is baked into our fee but there are PMs out there that charge for those inspections.

They were paused to C19 for awhile but to my understanding are mostly resumed.