@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term

I've never done any Sacramento STR loans and only been hit up for one potential financing opportunity there.

Unless you have some sort of subject matter expertise or access to an unfair advantage (cheap labor, ways to source off market deals, etc.), index funds are likely to provide an equal or better return with a MUCH lower hassle factor and more liquidity.

Use tools like the VA loan for house hacking and your Basic Allowance for Housing (BAH) to cover living costs while building equity.

A couple of months ago, I purchased a property using a hard money loan for $115,000.

When I asked for a loan, they asked if my business received money in Euros. 

The most important thing is to ensure your loan is covered in the event of a loss.  

If the loan was fully funded at closing and since then the loan is in an interest-only payment period, these numbers would equal. 

For some buyers it would end up being less than a 2.5-3% commish, and for others more.The tricky part for the buyer is it would have to come out of their pocket in addition to the down payment, whereas a commission paid by the seller at closing is included in the purchase price and absorbed into their loan (usually unless paying cash obviously) so the buyer only has to make the down payment out of pocket.

Unlike a mortgage the interest on your loan will not be tax deductible.