If you're losing $1k/ month by holding it, it costs $2k in repairs and will take 3 months to fix. is $5k an amount you can easily get on cashflow or equity added?

Without it, how can a business grow and expand?

While it's always best to have a plan for how you are going to execute your exit strategy BEFORE you get started, if you're like me and just jump in you could easily find yourself wondering how to execute this plan if your initial plan runs into problems.BP is full of great advice on refinancing and if you just post that is what you're looking for, the vendors will come out of the woodwork. 

Prospective Oregon Coast STR investors are encouraged to be fully prepared for rapid execution and to expand their search to areas that might not be of initial consideration as licensable inventory is increasingly limited. 

And I am not sure if that's because luxury property rentals just don't have the same ADR here in comparison to other markets - in a lot of other markets even as far as West Virginia in harpers ferry you can easily charge $800+ in those markets, whereas inWe haven't purchased the area in Airdna or Pricelabs as we are just looking at the data at a high level right now before we commit to that one area since we are looking at a couple of other properties too.

And they have a huge amount of beaches much nicer than Tulum's or Colombia's, which are much more easily accessible from pretty much anywhere in the world where most tourism originates.Yet, they won't do it.

Theoretically investors can expand their portfolio with little to no cash out of pocket, and ideally refinance when and if rates decline. 

For a 4-Plex, I would say that you're looking at more than $30k - easily. 

Getting some info on which market you'd be investing in will be helpful in finding a lender easily.

@Melissa OdomPrivate lending is a valuable tool for real estate investors seeking to expand their portfolios quickly and efficiently.