Another consideration to be mindful of is the need to execute contracts on 2/3 of the units before a financed sale can occur.  

Lower LTV** improves your debt-to-income for future acquisitionsExample from a BP member I helped last week:- Denver rental purchased January 2023: $425,000- Current value: $455,000 (7% appreciation)- Current LTV: 81.3%- Extra payment needed: $7,400- Monthly PMI eliminated: $195- Cash-on-cash return improvement: 2.8 percentage pointsThe Step-by-Step ProcessWeek 1: Analysis- Pull your current mortgage balance- Get realistic property valuation (not Zillow - use recent sold comps)- Calculate exact LTV- Determine gap to 80%Week 2: Decision- Compare ROI of PMI removal vs other investments- Check if you have the liquidity- Consider tax implicationsWeek 3-4: Execution- Contact loan servicer IN WRITING- Request PMI removal requirements- Make lump sum payment if needed- Order appraisal if required ($400-600)Week 5-8: Follow-up- Weekly check-ins with servicer- Confirm PMI removal on statement- Redirect savings to next investmentImportant Reminders for September 20251.

I’ve been a banking executive, real estate investor, and lender for nearly 35 years now and I know how hard it is to get good info on the markets.

Any investor considering or in a position to benefit from accelerated depreciation is smart..executing a victory requires strong strategy, teamwork and action. 

I look for density plays that can be executed in an infill setting.

I combine disciplined project management with data-driven ARV modeling to uncover undervalued properties and execute strategic renovations for maximum return.

Having the right people around you clearly makes all the difference in sourcing deals and executing them quickly.

I don't have the capital to execute a full new construction build, nor the experience on the financial and development side.

Regardless of whether the borrower has 90/100% LTC or 100/100% LTC on it.Of course, the borrower has to execute the project well (stay within the rehab budget, stay on schedule to control holding costs, do quality work) to achieve the expected ARV at the end of rehab.If off a little on final ARV, then the rate-term refinance up to 80% LTV helps to absorb that difference.

If Tenant desires any change or increase to those shown as Tenants in the Lease, and provided any increase is not in violation of applicable occupancy codes, those individuals desiring tenancy must complete any application and approval process required by Landlord, in advance of any change, and after Landlord’s approval must execute a new Lease.