I see the news talking about how we need more MF, but indy is so affordable that SFH just seem like the superior investment right now.

So that's the number to beat.With a 690 FICO score, 4.6% is not really available in the current market.No reason to refinance since it wouldn't lower your rate or have any significant impact on your payment, and don't bother calling the loan servicer unless you want to get pitched on a refi that does not make sense.The good news is that your financing, even with the mortgage insurance, is better than the financing all of your new neighbors are getting, even the ones putting 20% down.If you've got the urge to "do something," go get a 90% CLTV HELOC and leave the balance at $0.

I’d propose, to no fault of your own, your views of parks have been highly influenced by the internet, shows and news.

The congregation can retaliate and not frequent or boycott the businesses in the center.Additionally lenders if they have to foreclose on an asset with a church it can give them bad press in the news they don't want.I saw a case years ago with a church that owned a vacant apartment building.

@Daniel Gonzalez there’s good news, and bad news:The good news- you absolutely nailed it with your comment on deeply understanding the rent ordinance in your chosen city.

For those considering investing in Chattanooga this is a good article to educate you on the current market environment. https://www.timesfreepress.com/news/local/story/20...

I hate to be the bearer of bad news, but I think you're over-rehabbing that property if you're planning on hanging onto it for a long term rental. 

IntegrityFiduciary Duty to the ClientEffective and Timely Communication even when the news is badBeing a Great Problem Solver

That’s awesome news!

We learned a lot from being active in the deal and learned a lot about raising private money so it was a great experience overall.Looking forward to many more deals to come.Great news.