DSCR loans are not that low and regular hard money loans will be in the double digits.

But as of today, I am strongly considering converting it into a single-family rental because based on some Zillow comps I’ve seen I could get upwards of $8000.00 per month which is more than double my mortgage, taxes and operating expenses.

Well, come tax time, I had to unravel 3 LLCs with quite a bit of expense and am paying double tax because of their lack of care and knowledge.

If I can refi at the same rate or lower, that $50-$100 could be double or more.

Stealing stuff out of an Airbnb is similar to unloading the TV, bed and mini fridge from the Marriot.

I’ve recently undertaken to paint 3 units, two 2 bedrooms and one 1 bedroom.

Typically, a buyer going directly to the listing agent just doubles the commission that listing agent receives, will little or no savings to the buyer (or seller).6.

I may be able to STR a spare bedroom but that would be for later.Background: A fixer upper, but I do not know how much fixing is required. 

My experience is the min is around 15%, but I've read some posts on BP that some lenders can offer a lower minimum (but that usually means a higher interest rate).

Rent in the neighborhood is $895 for a 2 bedroom, 1 and 1/2 bathroom, so for 4 units it will total up to $3,580 ($1,073 difference).