This request adds a great attraction for your STR but could potentially put your property in a flood plane depending on how close you are to that specific body of water.

After closing cost  I’ll be at 250k. built in 2017. 2600.00 MO income. rents can be raised some not much right now. 80% LTV I’ll be out of pocket 54,000. 

And also not a dig on Brokers  but Brokers can basically offer zero help in most instances if your having issues.. they get paid to close the loan then are out of the picture they have no authority to do workouts or modify terms etc U would be working with the actual lender then.. 

Most investors with proceeds from 'significant' sales from regional States are sufficiently capitalized to secure financing or seller terms on any almost any property type in Oregon. - Creative and local financing : As a licensed and active Real Estate Broker in Oregon and California I can tell you there is a comparitively abnormal amount of seller carry or owner financing available on properties for sale and prospective 1031X prospects in Oregon.

Buy what is familiar to you and close to you.

Purchase price: $410,000 Cash invested: $150,000 Sale price: $665,000 This asset was purchased along with a multifamily community as it was on the neighboring parcel.

The only periods when US real estate can beat US stocks is when money is free or close like it's been in the 15 years following the Great Recession.

I've seen clients live upstairs and rent out the basement on Airbnb, so you get the best of both worlds, privacy and your own space while the lucrativeness of Airbnb, so you can definitely live for free or close to it with this strategy. 3) Combo - you can easily do both strategies if you find a house with a walkout basement or separate entrance to the basement, and if you and your significant other are willing, you can Airbnb the basement and then rent out the rooms upstairs.

I am an ambitious retired network engineer who started that career after closing down my first business which was in the automobile industry، sooner later I developed an interest in investing in my property and other ones by using Airbnb. it was a really funny story to begin but you know that after one year I would be managing 33 luxury apartments distributed across one of the fastest growing communities in my country.

It's just a regular purchase and sale agreement with "and or assign" language and a marketing clause.