All Forum Posts by: Casey Morrow

I'm looking to make my first purchase for a short term rental. I checked out AirDNA, and it seems like it's a growing market but that many of the homes have low occupancy rates. I was wondering if anyone experienced with STR in the area is truly seeing =>$2,000 profit/month for 2-3 bedroom home? What are you finding sets you apart from the competition? Quality furniture, outdoor spaces, or mostly being near downtown or C Street?

Hi all!  I'm preparing to begin obtaining a property to flip.  I will be purchasing homes in Missouri although I live in Florida because my dad is a general contractor there.  It seems like I will get the best deals if I can buy forclosures at auction.  However, I don't have the capital to pay cash.  From my research it looks like investment property loans are based on a specific property.  Is it possible to get a loan for a lump sum? Does that lump sum still have to be used to purchase a specific property? 

Thanks so much for the help!