I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?

Most of my guests book well in advance because they are mostly extended families and need to coordinate vacation times, so they're not as worried about last minute accommodations. 

Hope you enjoy it and let me know what you think/ what type of content you would like to see covered in it.

I got paper work signed and she vacated!

About four years ago, I transitioned all my long-term rentals to short-term and vacation rentals, and it has proven to be the best investment decision I've made.

The idea of moving to a vacation property and wondering about cash flow to replace your OR rental.2.

It's great that you enjoy your career—keep pursuing that passion, but building a nest egg in real estate too is a great idea.

If you have any questions feel free to reach out I enjoy helping and talking REI.

Adam, I am vaguely interested in BRRRR to vacation rental in cottage country to play the long term appreciation game.

in addition to everything else, it would bother me to pay a bad tenant to vacate.