Building strong relationships with lenders is key working with local banks or credit unions that understand the market can give you an edge.

Investors often wonder which cities are poised for growth and offer strong rental demand, as well as how to navigate financing options in today’s economic climate.Another key concern is how to manage properties from afar, particularly if you're considering out-of-state or even international investing.

If your area has a good long-term rental outlook and you have the patience to deal with tenant issues, this could be a smart move.I’d lean slightly toward renting unless you’re getting strong signals that property values won’t appreciate or rents may decline.

Given that your rental property currently cash flows over $3K/month, the DSCR might be too low to qualify for the full $900K loan, unless you can show additional rental income or strong reserves.If your goal is to access that $200K for another investment, refinancing with a DSCR loan could be worth losing the low 2.99% rate, especially since it would eliminate the high-interest HELOC.

You'll find we also have a strong BP and local real estate community!

We aim to create a harmonious living environment by adhering to all relevant laws and fostering a community based on respect, transparency, and continuous improvement.Hi William,It's great to see your mission at GenAlpha3 LLC, fostering a strong sense of community and providing affordable housing.

Given your strong net worth and experience, investors might be interested in a short-term investment with a clear exit strategy.Home Equity Line of Credit (HELOC): If you have significant equity in your personal residence or other properties, a HELOC can provide access to funds without selling any assets.Securities-Backed Line of Credit (SBLOC): If you have an investment portfolio, you could borrow against the value of your securities without liquidating them.Seller Financing: Negotiating with the seller to finance part of the purchase price can reduce the immediate cash requirement.

Magaly, you're in a strong position with $100k in equity for each property, and you have a few solid options beyond personal loans to take advantage of.

There are many other markets in Florida that have good property prices, strong employment and very strong growth. 

Here's a quick summary:Manchester: STR demand could come from business travelers, especially near Hartford.Canton: Lower demand unless near outdoor recreation areas.Southington: Strong option with year-round tourists (skiing, Lake Compounce).Bristol: Good potential with ESPN and tourist attractions.Berlin: May have less demand unless near major highways.Focus on properties near attractions or business centers to keep occupancy high.