General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago, 01/31/2023
Hello all, feeling stuck.
Hey guys, I am seeking some guidance if possible, and hope this is the right place. I currently have one STR near Yellowstone NP and have about 200k in equity on that property. I am seeking options to buy another rental property but I don't have a W2 job or a lot of capital to fund buying another property. The deed to my rental property has been transferred to my real estate LLC and has 2 years' worth of income on that. Does anyone have any advice or think a certain solution would be best for me? I did talk to a lender about re-financing my property but she advised me not to do that because I would have a much higher interest rate. I just really want to get another property while the bidding wars are no longer a thing. Thanks for taking the time to read this, and I appreciate all of you here on BP.