It will take you nearly 3 years to breakeven on your cost to acquire the loan and see true savings from an interest rate reduction.

Like everyone said.Grab up @Avery Carl's first book - https://store.biggerpockets.com/products/short-term-rental-l...Then grab her next book which is available for pre-order - https://store.biggerpockets.com/products/smarter-short-term-...Seeing as you are new the STR business, these are great books to grab up and read.

Dream on Me acquired the brand’s intellectual property and reopened a few stores, but with rising e-commerce trends, physical stores became unsustainable.

You can put a little as 5% down payment for conventional or 3.5% for FHA.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.

Discuss COC return, run a financial analysis for him and a performance chart showing the ROR after multiple properties have been acquired and cashed-out... good luck.

And can you do it without having the land under contract and/or already acquired?

Long-term, I aim to acquire multiple rental properties using the BRRR strategy to generate income and improve my community.

If you find a lender/mortgage broker that communicates very well and in a very time efficient manner start there to see if they have a product that works.Most of the lenders we have worked with in the past we have done multiple loans with.

Acquire comprehensive knowledge, and then consider moving into the niche of distressed properties.OR Consider Passive Investment: You might want to invest with established, publicly-traded REITs specializing in distressed properties.To all the aspiring women out there, your aspirations are valid, and your dreams matter.

The goal is sell a product, a venue, a strategy, and everything in between with some responsibility.