The velocity of my bookings slowed down in May which I can attribute to my higher summer rates, but this summer is currently looking better than last year.

It’s all about velocity of cashflow and ROI on time, energy and effort.

One thing I didn't consider at the time, was the velocity of my money and how quick I can move that capital around from one investment to the next.

Leverage their operational expertise and generate wealth through the velocity of capital.

The other thing we are seeing is less velocity (how frequently homes turnover from one owner to the next), some homeowners who were considering "moving up" are now staying in their current homes, happy with their low payment/interest rate.With that being said, inventory is still extremely low, demand is still strong, the median days on the market is only 5, and prices are still high.

I know Steve Dao over at Velocity Mortgage offers these types of loans.

You are likely going to start out by purchasing one property at a time, renovating them, and then stabilizing them, and unless you are looking to purchase in the $700k and up range, you have more than enough equity in the primary to use as your bridge financing through the HELOC... now if you are an experienced rehabber and you want to take down multiple projects at once then the $100k could get you one more property and your velocity of money would then probably be a lot higher.Ultimately, you have to do what is right for your situation and risk tolerance.

@Alexander RovsekThe prior comments are correct about the time of year and its impact on leasing velocity.

How accurate are online calcs like Vacasa/airdna.were looking to roll profits from out flip into a down on a short term rental to keep money velocity going high while looking for our next flip. 

If you find a property with a 5% cap rate, and you assume 4% appreciation on the asset (averaged over time), and you borrow 75% of the purchase price at an 8% rate (I'm using that to show it can still make sense), your compounding annualized rate of return is closer to 11% over the next 5 years.And if it appreciates at an average of 5% over the next 5 years, your annualized return jumps to 14% (the loan causes this anomaly where additional appreciation of just 1% will have that effect, which is why it is aptly called leverage).What's even more outrageous is that your tax-equivalent rate of return is going to be another few percentages higher (depending on your circumstances) because real estate is generally a very tax-friendly investment.Of course, you won't hear this from most financial advisors.Even the cap rate itself is not important, compare to the importance of the "trend of the cap rate" and the "comps of cap rate" because that would indicate "market sentiments".What most folks unable to grasp is, for 9% cap rate to reach 7% cap rate , is faster than cap rate from 6% cap rate to 5% cap rate.The trend of cap rate is more like "the velocity of a trend" which is what we're chasing as investor , that translate to IRR and XIRR at the end of year 5 like Lane described.