So at the refinance stage, you could be borrowing more money, at a higher rate, with amortization put into the loan, so the property is now negative for cash flow.

With me being a beginning investor, Zach has been very patient in listening to me sort out my inner doubts/conflicts while also helping me better understand the stages of purchasing an investment.

I agree, the houses i want are out of my budget and also dont want to be stuck in the paralysis by analysis stage !  

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Yes, they can run a soft pull to pre approve it does not hurt the credit at the initial stages for no reason.

Below is the median net worth of Americans by age according to a recent "Survey of Consumer Finances" conducted by the Federal Reserve.Under 35: $13,90035-44: $91,30045-54: $168,60055-64: $212,50065-74: $266,40075 and over: $254,800At this stage in your life, if you are ahead of the average American, what do you attribute your "success" to?

I’m still in the feasibility stage for the lot and I can walk away.   

. - Multiple unrelated fund mangers with deep experience (so one can't get hit by a bus)- Lends at conservative LTVs, stage-gates release of funds based on project milestones.- All loans are in first position, with senior rights.- Lends only to experienced borrowers- Has good liquidity - 1 year lockup or lessThe problem is that no fund meets all of these criteria.

Now the problem is when they do drop rates (or talk there of) inflation will soar because the Inflation Ballon is still under a lot of pressure.As for shrinkflation it is real, and as much as I contend our current President is a complete and utter failure, he is right on that.

At this stage we have it narrowed down to Reunion and Championsgate.