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Updated 12 months ago on . Most recent reply
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Looking for Mentor, Advice on Financing & Realtor in Highlands, NC or HHI Area
Newbie here and looking for some specific advice on investing in our first STR:
*How can I find a mentor? I'm just north of the Atlanta area and willing to meet anyone who has an hour for some coffee just to get some seasoned info.
I've been listening to all the podcasts lately just trying to educate myself as much as possible. For as long as I can remember real estate has been my passion... I am a do'er and don't mind getting my hands into DIY projects on a property that needs work, so I am really hoping to invest in the next year.
*What are my investment options without a ton of capital right now? I don't want to miss a good opportunity but I am also ok being patient - just trying to get all my ducks in a row, so I have the knowledge if something does come along - our credit is 800+ and we have about 900k in equity in our home with a 3.625 interest rate. DSCR loans? HELOC?
*What is the best way to analyze an STR income? Air DNA I am hearing is the most accurate but curious if theres a way to check this without a systems monthly payment.
Also, any realtors in the Highlands, NC or Hilton Head Island area that specialize in off market deals or STR would be super helpful~!
Thanks!
Amanda