Learn everything about real estate like it's your favorite video game and show your wife how passionate you are and how much you believe in real estate.

While some reductions might increase short-term costs for investors, a more balanced budget could stabilize inflation and interest rates over time.

I totally recognize that is impatient and greedy.My gut is saying your short picture idea is where we're heading since we are taking the same hit with brokerage account (I didnt even mention borrowing against 401k - yes its not advised but my wife and I have stable W2 income to pay ourselves back) Thanks again, this BP community / forum is awesome

You can most certainly make more money with higher occupancy in your short-term rental.2.

Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.

Hence gaining real life experience property managing, even in the short term, will give you the tools to be a great asset manager.

In the past year we've been through the ringer financially due to bad contractors, deal promises, and generally just being new to the game.

@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

I would assume that if its for a short term loan, it would likely be better terms with the HELOC but I dont know much about the subject honestly. 

That is tight leverage for an investment 2nd position loan.A private investor might be willing to do it, it's not going to be cheap at all & will be short-term money & will not be a line of credit to take out at your liking.What is your rate on the 1st?