Now I'm renting one room, Airbnb'ing one, and using the third.

Now she wants to sell the property, which is solely in her name.

We are now doing short term rentals but we're thinking about changing to a small wedding venue. 

Proximity to Major Northeastern CitiesBuffalo’s location near major urban centers like New York City and Boston makes it an attractive alternative for buyers seeking more affordable housing without sacrificing access to urban amenities.5.

The partnership is now paying interest expense on a $1.5m loan. 

The borrower gets the benefit of having access to capital fast and the lender gets the benefit of charging a higher interest rate and not having to pay taxes on the profit.

Let me know if you need any tips on working with contractors or setting expectations.

If a property goes into foreclosure on a second, as Ken said you will either be buying it subject to the first mortgage - meaning it's your mortgage now - or the first has to be satisfied to take possession of the property - or the owner of the first is going to be there bidding what they are owed, so you would need to outbid them to get the property and then you are the person paying off the first mortgage. 

Now some people may argue higher interest rates are good, as it drives out competition on new acquisitions.

Does anyone have any tips/ advice to help make sure my property will appraise for what I planned on based on my rehab?