@Salome Ditmars In addition to what has already been shared on this thread, trusting the sponsor will be paramount to you sleeping at night, and I can't stress that enough.

(in terms of pros and cons).You can also use rentals to provide additional borrowing power if your rental currently cashflows from a tax perspective.Hopefully that helps your scenario advance forward in terms of what to ask and think about.

Additionally to that I am looking to expand into 3 other markets but I have boots on the ground in those areas.

In addition the new company does not do Solo 401K any longer.

In short, he could simply not return the money or the profit by saying that he had reasons of force majeure, without clarifying any additional details.

Partner Driven and Traci Stephens recognized this as a low-risk deal with high potential for a rapid turnaround, making it a perfect addition to our portfolio.

These additions are a practical way to maximize returns without acquiring new properties.Vacation Rentals: An oversupply has shifted many owners from short-term to long-term rental strategies.

It will protect you for cheaper without the additional complexity.

This is correct, but that .5% is IN ADDITION to all the other closing costs associated with a refinance (Title/Escrow Fees, prepaids, and depending on the bank, Underwriting / processor costs) - so in reality it can be a little more expensive to refinance with IRRRLs.

The reason I mentioned DSCR loans is because if a property I buy and bring up to rent ready standards then starts cash flowing, rather than waiting to collect enough cash from the rents before I start on another property I'd like to accelerate the process by getting an additional loan and putting that money to work elsewhere - haha, I hope I'm making sense.