@John Kelly you definitely don't want to move this into an LLC and jeopardize your tax status.

I want to continue to use this house as a rental.

Between growing our business into one of the largest STR management companies in South Jersey, building our personal portfolio, and starting a family, my time for forums and reading on platforms like BiggerPockets fell by the wayside.But I’m ready to get back into it—sharing, learning, and connecting with this amazing community.

I know a HELOC normally does not come with much of a closing cost, but over the long-term, this might make the most sense. 

Between growing our business into one of the largest STR management companies in South Jersey, building our personal portfolio, and starting a family, my time for forums and reading on platforms like BiggerPockets fell by the wayside.But I’m ready to get back into it—sharing, learning, and connecting with this amazing community.

This is why you need to do a ton of due diligence on them and make sure they have skin and the game and something to lose.

💀  Thank you for the information Josh.

i wasn't buying this as a start to my real estate career just to help me with the mortgage.

@Andrew Steffens, I’m grateful for the die-hards around this joint, people who serve others with wisdom and experience.  

The information contained in this post is not to be relied upon.