Hi, I have a friend who owns a house outright and uses it as an airbnb. She manages the property by herself and it's successfully pulling in 125k/yr. Title is in her name. Here's the drama part, while married her husb...

Thanks, HELOCs the way you want them probably structured as a DSCR do not really exist to the best of my knowledge, you can do an investment loan heloc for a super high cost, but you will be subject to a traditional conventional underwrite.

It's important to choose that one and commit to using it.

This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $396,000

Cash invested: $70,000

This property was already an Airbnb and came furnished with everything. The seller ...

A good agent can help reduce your risk, and that may be worth the 3%.I do agree with Andrew, if your agent hasn't helped you find the deal, nor has he/she provided representation/consultation throughout this deal, you shouldn't feel obligated to provide a commission to them (pending what it says in your existing agreement, of course).

If one wall is particularly bad, they can always try to match the existing paint and just paint that one wall. 

-William Platt - Owner of The Vault & The Bank (Confirmed)-Byron Ellis Raines (Confirmed)-Marvin Fox (Confirmed)-Freddie Jones II (Confirmed)-Michael Barney -Wendell Olden (Claims just being used, not part of Fraud and might be one of their "Straw Buyers" for his good Credit)-DeKalb Notary - Frank Brake III (Confirmed)-Jeff Deville - Lender Broker with Will Platt and Bryon Ellis (definitely aware, I have directly informed him of the fraud these guys are/have committed yet he still continues to work with them to push loans through, so unsure of his actual role or knowledge or the lack there of with the rest of this mortgage fraud group)-More names coming...PLEASE SHARE THIS POST OR TAG ANYONE HANDLING LOANS IN METRO ATLANTA THAT YOU MIGHT NEED TO SAVE FROM THESE GUYS!!

It definitely exists in other markets).

Housing shortage exists, so demand for good housing still moves fast.