Responding to a question about Political impacts and Self-Storage in a discussion.From a political standpoint, don't see a change in the stock market.

Positive and negative forces will cancel each other out to some extent. 

@Anthony ZottoI don't think either will have a big impact on multifamily, unless they drop rates and stimulate demand.

Quote from @Chris Anderson: My wife owns a portfolio of 2nd position mortgages we are looking to leverage. 

@Laura Casneri am in a similar position, i am making an offer every couple of months or so, and either getting outbid or the seller doesn't want to sell. 

Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

They're already there and given the holiday season, probably the traffic is light, so you can chat then up for 10-15m about the area, rental class, as well as any remarkable developments in the area that would positively impact that home/area. 

Also having a higher proportion of revenue generated through the residential component of the building does make financing easier. (3) The exception to the 80% rule I abide by is when the commercial space is leased to a credit tenant with a proven & sustainable business  or where the space presents the opportunity to attract a neighborhood amenity F&B operator (this is most beneficial in instances where you have a larger localized portfolio where these commercial tenants can positively impact the value of your overall residential portfolio).

They asked, “why do you care about junior lies when you are in first position?

The quality of the rehab can significantly impact your ability to refinance and secure the projected ARV of $220,000.Hard Money Loan Fees: 3.3 points on the hard money loan is on the higher side, and that upfront cost could eat into your cash flow.