Considering doing a 75% cash out refinance > 30yr 7.45% interest rateIn what situations might the 50% Rule provide a misleading picture of a property's financial health, and when would relying solely on the DSCR potentially overlook important factors? 

@Rosmery ThenMy partner and I are in the same situation, just he has 20 years of construction and development experience.

There should be some financial advisors or real estate attorneys on here around your area who specializes in hospitality ventures and might provide valuable insights tailored to your situation.

Depending on the situation, a taxpayer could offset some of the passive losses with active income.

How would the situation differ with a home that’s never been a STR but would become one, or a home that’s for sale now that is a current STR.

We’ve got the experience and empathy to help navigate even the trickiest situations. 

These are not situations where you will pay a price down the road like not pulling permits for a kitchen/bath remodel.

Im a victim as much as you are on this situation. 

I believe the code says "if a veteran holds legal title to a property secured by a VA loan but does not possess equitable title, this situation is considered 'not a disposition."

Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.