It's smart if you plan to hold the debt and can generate cashflow, like any other loan.

But, I would recommend hiring an REI-savvy Bookkeeping Professional one day so you can focus on other higher revenue-generating tasks.

If you scale in the future, you can upgrade, but now you just need something that works and generates reports and takes auto payments.

This quick turnaround exemplifies our ability to capitalize on investment opportunities and generate profitable outcomes for our partners.

Hi Sal,It sounds like a cash out refinance DSCR loan would do wonders for you.DSCR Loans do not take into account your personal income but instead look at the income generated from the property to pay for the loan.

We use Streamline and it will generate boiler plate things like a welcome letter, check in info, and check out info etc.

unfortunately, they're not great at generating immediate, W2-replacing cash flow, even if you paid all cash, which is also something i would not recommend.if you want to dip your toe in the water and buy one - great. 

You and your asset holding entities will have a property management contract with your PM LLC – and you can charge PM fees, thus generating self-income.

@Theresa HansenI started with no experience; my first rental was a former primary residence, which I still have; I still work full time; and I generate a part-time income with my portfolio. 

This transaction demonstrated Partner Driven's ability to generate a strong return on investment through strategic renovations and effective market positioning.