Also, a lot of sellers might be more willing to finance the down payment if they know you're committed and have a clear plan for the property.

Would love to learn more about this flipping plan you have and get you connected with anyone you may not already have on your team.

Hi Perry, getting an LLC would be smart if you plan to scale your portfolio.

Would love to connect and hear about how your house hack is going and what your next plan of action is.

I’m planning to do this for 3 multifamily properties all located in MA, each ranging from 2 to 4 units.

Connect with The Hard Money Co, Mach1 Lending, MGM Capital or Plan B Homebuyers. 

Also, make sure that they have money in their accounts in case things don't go as planned.

Quote from @Jacob Sherman: Quote from @Kiran Asknani: Hi  All I am new to STR game and am planning to start with investing in Boston area or nearby suburbs as I have spent last 10 years in Boston.

The six month cd isn’t the point my understanding is that I can’t just take out the HELOC, I need to actually use the money for my plan to work and a short term CD seemed safe and reasonable 

To stay secure, I’d recommend saving 3-6 months of mortgage payments, budgeting for repairs, and possibly investing in a home warranty.