Exploring creative financing options like portfolio loans leveraging combined property income, hard money loans based on property equity, private money lending from investors, or negotiating seller financing for new property acquisitions could offer viable alternatives to support your investment goals.

My question is whether or not the combination of the two is a ridiculous idea.

It's easy for me to undermine the qualitative aspects of a deal (jobs, schools, entertainment) when the cash flow looks amazing on paper.

We use hostaway in combination with doorloop to manage mid-term rentals.

Just because NAR is eliminating the requirement to cooperate by paying the buyer side agent costs does not mean that it is not a good idea to put the money out there or entertain negotiations that help a buyer purchase your property.

Here are some factors to consider:High Demand: Hollywood, Florida, is a popular tourist destination with beautiful beaches and a vibrant entertainment scene.

Where it gets complex is combining properties with different ownership structures.A good rule of thumb is the what needs to be the same is the end TAXPAYER, so for example, we just did a 1031 where 2 separate LLCs (Single-member and thus disregarded entities from a tax standpoint) both owned by the same parent LLC  sold (relinquished) properties and a 3rd and different Single Member LLC (also owned by the same parent LLC) bought the replacement property.   

I dont think you have enough equity to refi and consolidate the two. combining them puts you at over 96% LTV. cash-out will likely max you at 75% LTV of the $450k, so raising your rate on the bulk of the debt probably is not the move if you still have to bring in $100k to do so. is your 2nd going to balloon soon?

https://www.biggerpockets.com/forums/48/topics/1159104-overl...It will take a creative strategy or a combination of creative strategies to actually cash flow.Same thing here in Pittsburgh. 

The fact that with a Texas series LLC you can file ONE tax return for every sub LLC in the series combined, and operate out of ONE bank account, eliminates almost all of the “hassle” of utilizing a series LLC vs one regular LLC into which you place many properties.