Since the last time I was online, I have grown the investing to fix and flipping and a portfolio of 4 properties that are producing passive income.  

Airbnb tech team is working on it they said but this is how I added categories besides the ones Airbnb suggested for my listings) Hi Garrett, I'm new to the STR world, but I own a digital marketing company for insurance and have been an SEO for the last 16 years.

Lastly, I do a weekly STR update you YouTube if you are interested where I talk about all new STR listings and sold listings.

That is usually the last time I work with them. 

Lastly this is my first post here so apologies in advance if I posted this wrong or in the wrong place  House hacking is perhaps the best strategy to get started in real estate.

I've spent the last 3 years nagging the city to sell me a lot next to my property so I can install a driveway and they've finally agreed.

Last year one of our lenders would not lend to new customers or customers who have never did a commercial loan with them.  

Today (one day before closing) (December 5, 2024), my loan officer reached out to me and said a few things came up last minute and we will not be able to close tomorrow--in fact we cannot close at all my the rate lock which ends tomorrow and he cannot extend it.

So far, I was thinking of having them send me their whole credit karma, send me their last paystubs, and send a landlord to verify renter's history.

It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $250,000 Mortgage Amount (80% LTV): $200,000 Equity: $50,000 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop from 6% to 5%Monthly Expenses: Mortgage Payment: $1,074 Property Tax: $260 (4% Adjustment from last year) Utilities: $309 (+3% Adjustment) Insurance: $104 (+4% Adjustment) Vacancy: $105 Repairs & Maintenance: $105 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $1,957Rent Income after 12 months assuming annual rent increase at 5% : $2,100Cash Flow: $143 per month 😊Year 2 Return on investment $2,951 Principal Paydown year 2 $20,000 Property Appreciation (assuming 8% per year) $1,720 Yearly Cash Flow (this will increase as rents rise) $50,000 Initial Equity Total Gain $74,671 with just $ $22,789 remaining in the deal.