At least you have an asset and can start building the cash to buy a STR for yourself and then roll on.

Looking forward to getting the ball rolling and getting my first deal under my belt. 

As one banker so eloquently put it: "A rolling loan gathers no loss." 

Every property adds to the snowball rolling down the hill.

At that point, I will start to make some judgements about growth vs. payoff vs refi, etc.You could use the money to continue to accelerate the payoff of your primary then get a HELOC on the equity to fund the downpayment of a rental property if/when you find one.For me though, I'm making minimal payments on the mortgage and getting the investment snowball rolling as soon as I can.

I rolled some funds from a previous flip into this purchase.

I've been an agent for 3 years now and I've closed two deals, but want to start using my license more, so I'd love to hear how other agents got their business rolling!

I pre negotiated rolling any inventory that I could not sell or would have to take a loss on to 5 year term and rent them..

We do finance NNN properties, so we can certainly pre-qualify your next purchase.

Is it (a) pre-offer (b) after an accepted offer but before contract signing (c) after contract signing during a due diligence period?