It earns a great rate of return compared to a bank account and is fairly liquid.

Best of luck with your 6-unit deal and future investments!

We would have to come oop about 400-450 for 2nd HH.Also planing to use other rest of heloc for a dscr or brrr so that would possibly help as well.Would you wait until rates drop to do another HH and just buy the brrr/dscr now?

It may be best if you identify a property, even if it's a longshot and work with a lender to see what they would ask and how they respond.

That seems to be what works best.

I am a voice of common sense and help them come up with the best way to manage STRs.

Our rating across all properties is 4.5 too. 

Keeping my eye on the worst houses in the best neighbors that need some reno that I can turn into STRs or LTRs.

If a Room for Rent is worth $1000/month, then reverse amortization at current interest rates between 6.5-8.5% for 30 year mortgage would set the price between $130,000 to $158,000.

as is prop value 75k and minimum loan size of 50k. as long as its turn key 30 year fixed is available. yes there are some fees and rate will be a touch higher. if it cash flows get it closed.