STR is going to yield more revenue, but it requires customer service, management of cleaners (or cleaning the place yourself), dealing with repairs or damage to the property after stays, initial setup of platforms, and continued inventory replenishment to keep the place stocked.

Replenishing property (SFR): Purchase price (2015): $240kAnticipated Selling price: $320kSelling cost: $20kDepreciating recapture: $20kNet gain: $80kMortgage balance: $150kNet cash after paying off mortgage: $150kCondotel to Purchase: Purchase price: $200kAll cash purchase (I will use the 150k net cash from above sale, plus an additional $50k tapping from my HELOC to fund this purchase)Thanks in advance for your input!

Hi Fellow BPers,I am currently on the hunt for alternative funds of financing to help scale my rental property portfolio in Cleveland.I used Chemical Bank for traditional financing on a 3 bed 1 bath ranch that is producing great numbers for and want to continue buying properties like that in a consistent matter without having to wait until i replenish my funds.

Then you can pull out what you need only, then replenish it after you refi and you'll have the cash available again without making payments on money sitting in some bank account collecting dust between deals.I think you really need much more cash available to safely do that deal.

Any cash flow will go to replenish his stock account and potentially fund more properties.  

We had been expecting that money to replenish our reserves and so we were somewhat distressed that not only would we not be getting our funds, it was happening at a time when we really needed the money!

This would leave me with very little cashflow to replenish the reserves for this house.My question and what I need guidance with is: Would it be best at this point to just sell the house and possibly break even, or should I take the loan and bear the next three to five years of paying it off?

How fast can you replenish your savings between your house hack and this second house?

This is my sleep good at night account which I have dipped into before but prioritize replenishing it asap.I also have cap ex reserves in each pertaining account holding real estate.

One thing will be a yearly toy fund that can be spent freely over the year and replenished once a year.