What’s your primary goal for the cash-out refinance?

My loan officer just came back to me apologizing for the oversight and informed me that the CD will reflect the right amount for cash to close.

Quote from @Jonathan Snider: I have been saving up for a while to purchase my first STR.

Do you prioritize equity growth or cash flow in your investments?

Setting up direct bookings is a great way to save on fees, but you’re right—it requires extra effort to ensure everything runs smoothly.For vetting guests, start by asking a few questions when they inquire, like the purpose of their stay, how many people will be there, and if they’ve stayed in short-term rentals before.

They will save you time and money. 

They have no cash to qualify for a rental or even pay for the move. 

And of course, if your actual cash value is less than the current mortgage(s) on the property, all of the cash value payment will go to the lenders. 

This can save thousands annually.  

How will the partnership cash flow cover the HELOC payments if interest rates increase?