We improve the kitchen and the patio but just because we live here.

I hope you find some useful information and best of luck in improving your personal finances and starting your investing career. https://www.biggerpockets.com/forums/25/topics/589...

Marina improvements ahead of us, county jurisdiction liberties on STRs, and an upcoming golf course has really made this area go nuts!

As for lenders, look for local banks or credit unions that understand the value-add you’re creating in each property.

Some of these renters are capitalizing on low interest rates and choosing to buy, but many are unable to buy due to lack of down payment or credit factors. 

Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

As long as the property generates enough cash flow, you may qualify based on the asset alone.Another route is to explore portfolio loans from local banks or credit unions.

You could make exterior improvements while it is rented.  

Sure there were communication challenges and that’s where I stated they and their affiliates can improve on.

I would also only do this if both properties have solid appreciation potential.If it was me, I’d consider trying to get a HELOC on the first property and use the funds for a flip or a BRRRR so I could pay back the line of credit within 6 months and then go do it again.