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.

Assuming you have the drive, capability and desire to be more of active investor/player this is what I would do if I had $10,000 to start out.I would first get really really good at underwriting deals …and then find a property that has a 25% amount of equity upside in the deal day one and also a combination of healthy cash flow that can support the property DAY 1!!!.

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

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

If you do it right, it can give the kitchen a modern, airy feel and is often less expensive to install.If it is a rental... 

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. 

In the realm of real estate investment, the story of WeWork serves as a modern parable — a tale of rapid expansion, valuation fantasies, and the sobering reality check that followed.

I’ve done a good amount of rehab myself and modernized the units.