Maybe its just a blip, but I'm hopeful that we'll see population increase in the city limits sometime in the next few years.https://www.cleveland.com/news/2024/05/clevelands-population...  

Most lenders will also look at debt coverage ratio which limits leverage at this time due to higher interest rates.

You'll still need some liquidity for reserves and to be reimbursed for work completed in draws, however its usually limited to 10-20% of the rehab budget needed in reserves to make the deal work.You're welcome to DM for more details if interested. 👍 Good luck!

Great community to bounce ideas off of as I build my knowledge base.  

Your idea about the land left by the LA fire combined with SB-9 is definitely interesting.

You need to contact support and ask for increased limits.

Any ideas?

What ideas do you have around retention?

Hey Laura,So I can't help with the true GAP funding, but I might have some ideas on how I could help utilizing the seller financing and transitioning it to something long term. 

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.