I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payment.

That is incorrect in the rental properties context.

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

Main reason to split the lot would be to maximize the lot for cash flowing rentals.

Free webinars, like Hospitable is hosting one in 2 weeks (Host to Host: A Short-Term Rental Mastermind). 

I had one short term rental that was granted a permit earlier this year and I have been operating it for months now as an STR.

Do you generally buy new build or old homes for rental purposes

Quote from @Meliisa Lee: I’m navigating a divorce and need advice on handling rental properties we co-own.

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

Hello,I was wondering, for New Jersey,  how much I must look for rental applicant's yearly gross income for rent affrdability.