Loan balance is 280k, value is over 500k, cash flows about $1300…went to apply for a business line of credit thru my operating LLC and was denied due to losses in last years schedule E…the idea was that I use the LOC to help pay for a down payment.

It's hard getting to the door knocking while trying to balance my military job, family time, and upkeeping my own house.

The balance from card 1 is paid but now card 2 has $5k on it.

Excessive complaints or three violations in three years could lead to losing the ability to operate​.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o

The reason why "large developers"  finance their real estate with ease is (1) track record; (2) balance sheet/liquidity;  (3) Global Cash Flow.

So I was playing musical chairs with them much as you might with credit card balance transfers.  

Sometimes, it’s all about finding the right nearby areas that balance cash flow with future appreciation to achieve your goals.Here are a few cities (there are more) just outside Atlanta that have strong RTP ratios and more affordable entry points, I suggest looking into:East Point, GA College Park, GA Douglasville, GA Lithonia, GA If you’re interested in any of these areas, feel free to DM me!

If you listen to the end of Powell's speech yesterday the most important part was rarely commented on by the media which is when he said, We will continue reducing the balance sheet. translation, They are continuing to let Mortage backed securities and US Treasuries roll off without renewed purchases.

If you put the property into an LLC after the fact, then the bank MAY call the loan (require you to pay off the remaining balance).

Below is the months of supply for our target segment.Sales - Months of SupplySix months of supply is considered "balanced," where the number of sellers roughly equals the number of buyers.