I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?

My husband and I are currently buying another house (2300 sqft, 4/2), and plan to rent out our current house (1800 sqft, 4/2).

However, people still need to sell and others still need to buy for whatever reason.

Buy one and see if you like managing it.  

Congratulations on looking carefully at the financials before buying!

Investment Info:Single-family residence buy & hold investment.

I am hoping to find distressed properties that I can buy with all cash for BRRRR and am also open to any sort of partnership.

They are ranked (using the price-and-rent-growth weighting algorithm) as follows:80003804018021980017800108021280239801048024980226Let’s see the average monthly price growth map again with just the top 10 zip codes:Now let’s look at the average monthly rent growth for the top 10 ranked zip codes.And now let’s look at the rent-price ratios for the top 10 zip codes:Now let’s take a look at the prices for each of these zip codes:So far, 80003 and 80219 look like the best zip codes for buy-and-hold strategies close to the front range (if we ignore Aurora, CO completely).What are your thoughts?

Here is an example of what can go wrong.Chris, this is no different than buying a property , renting it out, and having a tenant who pay late every month.  

Im looking to buy a single-family home in Jupiter Florida and would like to rent it out on Airbnb (open to LTR).