Now you can afford furniture without swiping a credit card. 

I will bring equity and planned to be responsible for 50% of any maintenance expenses.Reading other articles on the forum it seems like a 50/50 split of equity in return for the work listed above may be standard but thats why I am asking the community.Any additional thoughts are greatly appreciated.

@J Scott...hi. could I also please get those additional documents that would come with the digital version?

I liked the podcast, and wanted to supplement it with additional education. 

hi all, i’m newish to BP boards, thank you in advance for sharing your opinions + experience.i’m looking for opinions about how helpful an additional sleep number is in the income + rentability of an str.i’m potentially purchasing a 3 bedroom, 2 bath property which i will STR + also live in part-time.ideally, i’d like to have:*a king bed in the master bedroom*a queen bed in one bedroom*a queen memory foam pullout sofa in the third bedroomthis would be a 3 bedroom that sleeps 6this is my preference for:*general look of the house / not a house full of beds*number of guests/noise/cars*septic*would allow me to create a cute ‘chill out’ space in an extra bedroom-sized nook elsewhere in the house, which i think would be appealing to travelers.

I’ll be making between $250-$300k, with some credit card debt I’m hoping to get to by August.

While the closing costs may be higher than a HELOC, the long-term interest savings might outweigh this initial expense depedning on the property value, LTV, credit, etc. 

private money with a credit union's commercial funding How did you add value to the deal?

Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,

Once you know what’s possible then you’d likely want to evaluate affordable housing grants, tax credits, tax incentives, etc.