Technically, I have two rentals, but the second one is muddy as above because it's our marital property.

Reason why is because FDIC Bankers "Do Not" charge points on traditional programs like primary homes, standard investment purchase and refinance, Second home/vacation homes.Lenders, Brokers all charge points to meet their Loan officer compensation plan (commission).

It's worth mentioning the STR regulations are relatively new, and I think some properties currently operating are basically grand-fathered with the old permit, and I don't know if being a new owner one'd be able to get a new permit if it's not in the designated location.

My friend and I are planning to buy an investment property (My second his first).

Second, this is definitely the highlight reel.

Hello everyone,I recently bought a second property in Michigan and I'm really excited to get it rented.

I am in the process of refinancing for 100k to purchase a second property.

My second sheet would start with the amount of capital you have to deploy.

my condolences on your recent lost.there are a few ways you can do this, as mentioned above you can take a heloc on your primary residence which will give you a second mortgage, first mortgage payment wont be impacted. you can do cash out refinance which will give you one mortgage and payment. it will pay the old mortgage and give you money in your pocket to pay for the rehab.or you can do a renovation refinance which is similar to cash out refinance but we would contractor involved  as part of the refinancing and they are paid through the loan

I'll also second comps are your biggest tool to get the most accurate revenue number.