In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

We are working with our property manager getting everything ready to go- we are just a few weeks out from going live (fingers crossed).

For finding my first properties, word of mouth and local networking worked well, plus reaching out to hosts on Airbnb with personalized messages.When pitching, focus on how you’ll add value (like boosting reviews or optimizing pricing) and avoid coming off too salesy.

Why borrow against an investment property at a higher rate than you can against your primary?

Quote from @Christina Venegas: Quote from @Dominic Mazzarella: Quote from @Christina Venegas: is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respondIt’s definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they’ll allow it.

If they can get a property dirt cheap, you are still going to see it at the 80% of ARV like he says.

Make sure you get into a property than can support both options.

Hi Palak,Congrats on your first rental property!

As you were in property management, not sure if you ran your own company, but as you look at it..

Now days you don't buy a deal you make the deal either with how you operate the property, how you finance the property, or how you purchase the property.