Because investing in NY real estate is a whole different game with taxes, regulations, and all that fun stuff.

Quote from @Michael Baum: Hey @David Rutledge, the purchase of a small hotel is a very different animal than SFHs for STRs.Like @Luke Carl said, you will have to have some significant skin in the game.

If you like help structuring this deal differently to give you more leverage, let me know, I've worked with new investors on game plans and seen others start with 90% LTV on their very first deal.

Owning a duplex at 20 is a huge accomplishment, and it’s inspiring to see you’re already planning your next move.From my perspective, real estate investing is a long-term game focused on building equity, paying down debt, and maintaining stability over chasing short-term cash flow.

Would love an opportunity to pick the brain of someone who is seasoned in the game.

Thanks I hadn’t done a short term flip in a couple years and getting back into the game here in riverside county. 

If you have an Aldi near you it was a game changer for us. 

Unfortunately it's a game, and it's just gotten more and more convoluted since TX doesn't regulate Roofing, like foundation work, so anyone can grab a hammer and ladder to say "I'm a roofer!"

They will fund 80-90% of purchase and 80-90% of renovation but not one or the other if that makes sense. they want skin in the game from both sides (acquisition) and renovation. 

House hacking means you can use low-down-payment loans (FHA/VA/Conventional) to keep more cash on hand.Network with Investor-Friendly Agents – A good agent who understands house hacking & multi-family investing is a game-changer.