Hi everyone - So with the declaration here by the administration regarding Federal funding how does this impact section 8 landlords.

We are on the edge of mortgage rates getting ready to decline and home values in many states are growing.

I'm sure you will need tools to find deals (eg price/sqft etc), estimate rents, calculate cash-on-cash returns, cap rate etc.

For me, it was live in flips, short term rentals, mid term rentals, good income with a solid savings rate, buying after tax index funds, paying off the primary house, driving old cars, moving a lower cost of living area (from Houston to small town Maine), and selling a business to push me over the top. 

I focus more on connecting with investors who already have deals in the pipeline or are looking for deals but need funding for their deals. 

Navy Federal does HELOCs on investment properties…not sure if LLC is OK…and rates are in the 10.75% range for an investment HELOC in March of 2024.  

Everyone’s got the same problem: STR oversaturationPrices are high in most markets and if/when you do buy, your competition is fierce thus pushing down nightly rates and occupancy rates in almost every worthwhile marketGood luck fixing that! 

Keep in mind if you buy another primary residence, you'd have better rates, terms and can pay as little as 5% down for multi family up to 4 units.

We don’t have an immediate need for the cash and current rates are attractive, so would love to hear what the pro/cons of seller financing are in this situation?

Crickets...At this rate, it will be 2+ years before the project is finished.Anytime you ask for a project plan or schedule you will get vague responses with no actual plan.