🔄 The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5Ever feel like your W2 job is holding back your real estate dreams?

I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.

Hey @Brandon Toron,Given your plan to turn the property into a short-term rental (STR), you have a few creative ways to push closer to that 90% cash-out goal, even if traditional lenders shy away from it:1. 

I just abided by my lease terms.  

Speak with lenders early to understand your borrowing power, and explore multifamily properties to maximize your house-hacking potential.

It’s worth reaching out to your local tax office to explore options.

Theres a calcuation to make there to see how that. impacts your net return.2.

Conceptually you want to take an approach that minimizes your need to be on site - and for that reason I would advise against BRRRR.

Feel free to PM me. 

I do not see a path to refinancing and see the better option is to sell the property.