One other question is the financing part, have you talked to lenders on lending on this?

I love talking personal finance and real estate investing so I would be happy to help.

Even though the budget of the project will be about 4 times of where I was looking to start with a fix and flip, MF financing looks very encouraging and a silver lining.

Hi all,I’m in talks with a landlord about leasing a property for $3,600/month, but that’s above my budget. I plan to negotiate the rent and I want to present my proposal to show how I’ll manage the property responsibl...

While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.

I've never done any Sacramento STR loans and only been hit up for one potential financing opportunity there.

How did you finance this deal?

I’d be happy to connect to exchange more tips and ideas! 

I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

If you need help financing your next investment, I’d be happy to assist.Drago