Are you able to add value and do a BRRRR?

I have built enough capital to feel comfortable investing heavily and am interested in either a flip, small multi family, or commercial.

And then again, maybe I’ll dive into both simultaneously since I feel very confident from experience now.Like @Michael Baum Baum said, guests from both platforms can be quality (I vet to ensure this).

And sure, feel free to reach out.

Obviously if I intend to have a top performing STR in this market, my buy box will allow for a much higher max purchase price, but I wouldn't feel comfortable with shooting for the max if there aren't clear ways to beat these competing properties.

Are you buying amazing deals or are they closer to market value?  

But, you can go up to 65% loan to value with no reserves, or up to 80% loan to value if you have 12 months payments already in the bank (12 months reserves_.

You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

I hate to say it but it's starting to feel a bit like 2007, with sub2 being the new subprime mortgage...It's too small of a percentage of loans for that to be where the bottom falls out.

Aiming to maximize cashflow to fund future investments, but as newly weds rent by the room doesn't feel practical right now.