I have two duplexes now (Chattanooga area) and am looking to buy more in the future. 

I am not a lender but I work with a lot of buyers who utilize second home loans and I am 99% sure you cannot buy multiple second home's in the same market. 

I am lock to you in Peabody!

I am selling a property in CA with a pretty hefty gain (great!)

Good Evening BP members, I am looking to take equity out of a very strong performing long term rental.

https://www.home365.co/

I like Gulf Shores because I am looking for high-appreciation markets that can still generate a minimum 15% cash-on-cash return (CoC).I scrolled through the Deal Finder to review some deals with my set parameters: 4+ bedrooms ✅3+ bathrooms ✅No condos ✅View (sort of) ✅My price range ✅This listing sparks my interest.

I am a big fan of calling previous and current landlords.

I am going to assume the responsibility for all of the needed repairs –whether I have seen them already or not.• One of the positive factors about selling me your house is that you can stay in it for as long as you need toand I can get you your money on the date of your choice.• I will pay cash when I buy your house so you can have the peace of mind of knowing it’s sold not only sold,but sold to someone who can afford to buy it.”• Believe me, there is nothing more frustrating than seeing a deal break down in escrow.

I am often asked this question:  "What is my biggest financial risk in buying/owning a short-term rental property?"