I am proud to have achieved Super host status on Airbnb for the past year and have received hundreds of positive reviews across various platforms and through word of mouth.I am now looking to acquire additional properties in the Houston area to expand my rental portfolio.

All-cash purchases provide stability and simplicity but may limit your portfolio size.A balanced approach could be:Use a portion (e.g., $400k-$600k) to purchase a few smaller multifamily properties (2-4 units) in cash-flowing markets like Toledo.

Indianapolis has proven to be a stable market with great returns, without the boom/bust cycle you've seen in other areas.I'd love to discuss how our properties can fit into your investment strategy and help you achieve your goals.

Your new balance will be the loan to BPO + closing costs, so its gotta make sense at that number.

By negotiating 20-35% discounts, we managed to achieve cap rates between 9% and 14%.I've also started managing properties for three of these clients, listing their rentals and ensuring everything runs smoothly.

What are you trying to achieve short and long term?

I used Citibank for a while which worked but they recently pushed me out with much higher minimum balances and fees so I wouldn’t recommend that now.

Equity and retirement assets wont do anything for DTI unless youre retirement age, have a plan in place to create income via IRA distributions, and have a sufficient balance for the distributions to continue for at least three years. 

This opportunity aligned perfectly with our investment strategy of acquiring homes with untapped potential, enabling us to achieve a solid return on investment through smart renovations and quick resale.

Then you have to take responsibility for maintenance.You can rent a comparable home for $3,000 and the landlord handles maintenance.It makes sense to rent for a year or more until prices balance and you can save $1,000 a month towards a down payment in the future.