Quote from @Taylor Dasch: Quote from @Michael Nelson: Quote from @Taylor Dasch: You either have to leave money in the deal, find a lender who will do a higher LTV, or flip and cash out.

(Again, ask the bank.)These days I lean toward flips (which is unusual for me) but if the numbers show it cash flows all in with a 7% loan, then sure.

That way, you build equity and cash flow at the same time.Feel free to reach out if you want to run any numbers or talk through a deal.

If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

If you are looking to pull more cash out I'd go with the second option.

Short-term rentals (STRs) can generate strong cash flow, especially in tourist-heavy areas, but come with higher upfront costs, regulatory risks, and active management needs.

And my rental cash flow went from only $1500/month to 19k/month profit by taking on more loans and harvesting the equity in some of my properties including my primary.

Purchase price: $300,000 Cash invested: $50,000 Purchased a 12 unit park owned mobile home park on a 5 acres.

According to the lenders I've spoken with, we can't do a cash out refi either.

@Michael Fucillo haven't played with RentVine also.Would recommend Buildium for what you need as it covers all the basics.Everything else is more geared to managing for others.