My primary source of deals has been wholesalers, but the numbers just haven’t been aligning lately.

A HELOC on your primary will offer the best bang for your buck.

Hello and thank you for this reply - yes, I have been analyzing a few properties - I have found that the main issue for both the traditional long term rental and also short term rental in this area is reliable property management - it is traditionally a cottage country tourist area, but it is becoming more popular for long term residency, and there is an emerging missing middle, because of property prices.

But you don't have to pay the full 5.34% to a traditional agent.

More traditional, suburban "Class B" middle class type places.  

Traditional lender is most appropriate (not hard money). 

Purchase price: $350,000 Cash invested: $12,000 Sale price: $395,000 I bought it as a primary house waited a year and rent it out.

Are you only doing private money are you doing asset based/traditional as well? 

Waiting 2-3 years for a rate drop ensures that when you do refinance, it doesn’t cripple your cash flow, and you can cash out without significant risk.Why BRR"R"RR Works in 2024 and BeyondThe Interest Rate Environment: The higher rates we’ve been experiencing since 2022 make traditional BRRRR deals difficult.

If this is a primary residence, it does not apply.