These terms sound almost too good to be true, the catch being that I need to replace my rate with one nearly 140 bps higher (which is still significantly below market).Were I to refinance at 90% LTV, my cash flow would evaporate entirely, and I might be slightly cash flow negative until next year when I can raise my below-market tenants’ rents to market, at which point I’ll be modestly cash flow positive again.

If you have a mortgage they will require full replacement cost which is the most expensive.

We carry replacement cost on property and replacement cost on roof.

The air conditioning unit was on and working, I think the hot water heater was replaced in 2023.

Is their a large population paying for replacement in case of a tragic event or not and only doing liability?

Replaced all the flooring, remodeled the bathroom, fixed the fence, and got the bad neighbors to leave.What was the outcome?

I'm talking about what AI is going to do to the overall economy.I am by absolutely no means a doomsday guy, but I have been using chat GPT and I am now 100% certain that it is going to replace every single job where a human is sitting behind a computer.

To be able to arrange this kind of deal where someone is betting on you and replacing what would normally be YOUR 20-30% cash contribution you need to have extensive knowledge  of real estate principles, real estate finance and real estate law in general, and the type of real estate you’re trying to finance.  

Also replace units as they fail with stainless.

I replaced the flooring, painted all the walls, new water heater, and a few other things.It was incredibly challenging during the renovations because I was doing all the work myself and things were moving slowly.