We used our equity position from our personal property to finance the down payment, and plan on using the cash flow from the STR to supplement rehab projects at the LTR.I have run the numbers, and it seems like if we were to get a 30 year loan on our same rents and purchase price, this situation would be pretty solid, potentially cashflowing $1000/month on all units pre-rehab, but on a 15 year, the numbers run tight, but like I said, I am personally ok with that.

@Kristopher Kyzar - As tight and competitive as today's market is, that is a pretty good result. 

I can probably finance about 1 more traditionally, but will start getting into a tight situation after that, so starting to explore creative strategies.I know there are a lot of financing options such as hard money, Helocs, refinancing, LMAs, 401K loans/withdraws, etc., but not sure which makes the most sense.Curious what others with experience think I should be looking into for my scenario. 

@Ramon Gamez Jr I'm assuming you are working with a tight budget?

@Janell EisenhutKeep in mind that if this is a multi member LLC, you might have a March 15th filing deadline.

@Jonathan GiglioIf inventory is tight, they might just be trying to keep you from being one of their competitors 🤷🏻‍♂️

I have zero debt (other than a cash flowing triplex) and high credit score Coming up with the full 25% down may be tight Thanks!!!

@Jacob Stokes I am a broker in Chattanooga TN, and we are in a tight inventory market right now.

The plan was to invest in Class B /C properties (and neighborhoods) with the following investment criteria:CoCROI >= 8% (assumptions property management 10%, repairs and maintenance 8%, replacement reserve 8%, vacancy 5%, loan - interest rate 5%, 25% down, 30 yr loan)Over the past 5 months I have found very few properties that have met the criteria and have begun to focus my search on the following areas: Marietta, Smyrna, Austell, Hapeville, East Point, and Atlanta.My understanding is that the market is very tight right now (sellers’ market - due to low interest rates and low inventory).

People are always buying and selling and inventory can be tight in hot markets like today, you just have to find off market deals and such to compete.