Have ability to lock in a condo using cash reserves and an etrade LOC.
current tenants have been in for 6 years. Currently they’re 4-500 $/month below market rent. I could bring that up to 3-400 $/month below market.
Will take approximately 9-12 months of aggressively paying back my LOC for the unit to cash flow from an operating and interest payment perspective. Would wait for rates to fall to do a cash out refinance.