Located in NJ.Is there a way to refinance my rental property from my residential loan into an LLC?  

In my opinion, the more income you have, the higher the allocation should be towards stock / fixed income.As much as you can make real estate passive(Hiring a PM, getting into syndications), there is still a level of work that you need to do.Why spend hours when you already can afford what you can.The extra return isint' worth it.

Hi Vadim,There is a conventional/FHA program called a '203k rehab loan' which allows you to purchase a property and wrap in ALL renovation costs INTO the mortgage, so in your example above, the total loan balance would be around $70,000. 

Hi everyone, I'm new to real estate investing and have been doing some research. I'm very interested in getting started with fix and flips. I currently work in construction and have some experience in all aspects of b...

I don't think I'll be able to make too much money off of it, but want to get an idea of what I'd be getting myself into, I'm in the research phase.

Purchase price: $80,000 Cash invested: $150,000 Hoarder house sourced through a wholesaler with plans to renovate and turn into a short term rental What made you interested in investing in this type of deal?

You want to make sure you know what you're getting into.

You could sell that and roll the profits into multiple downpayments closer to you so you can start to streamline management better and not pay for it.

I have my RE license but primarily focus on off-market deals and helping out of state investors get started there by plugging them into my team and helping them from start to finish do BRRRR deals.Anyway, happy to connect with you or anyone else.

The other option could be doing a fix and flip loan, if they have reserve money and then refinance into a DSCR loan, they could be into it for less money than a conventional investment loan or DSCR from the begining.