The broker’s expertise in structuring these documents can significantly enhance the investor’s chances of obtaining the necessary funds.Communication is another cornerstone of a successful partnership between private money brokers and real estate investors.

As I see it in the current market, STR is now a way to get a really good, appreciating asset to pay for itself, not a way to produce a meaningful amount of cash flow after all expenses. 

You are likely thinking of BRRRR just to get an asset in the box, but your scale with high rates and low inventory might still point to selling to the buyers who are still hungry and renting.

It’s safer, and honestly you aren’t spending it, you’re moving it from one asset class to another.

@Mostafa Koperly what is the underlying property asset like? 

This can be used to eliminate most gains of a long hold highly appreciated rental asset through 1031 + primary resident conversion to establish a more favorable ratio. 

The best asset protection is hiding your assets; second best is hiding your ownership identity behind numerous entities3.

I reached out and obtained some additional information from the seller's agent.

@Jeff S.Speaking of recourse loans…https://therealdeal.com/new-york/2024/11/27/acres-goes-after-personal-assets-of-tides-equities-principals/

If you violate any of these rules you could blow up your IRA or 401k and the IRS could force you to distribute all of the assets in the IRA or 401k.