I currently have 6 multi family houses (20 doors) also I work 48 hours a week at my w2 job and if I want to continue to grow I will need clear SOP’s if I intend to bring someone on to help.

I found my city, found what I thought was a good deal only to find out insurance rates were 2X more than in my current hometown for a long term rental.

I am currently living in the main house, but will soon be moving in the upcoming summer due to another purchase.

a plan to refinance our current mortgage as well as get a HELOC.

I currently have 3 short term rentals in the smokies.

Do you think 2024 will beat the current record from 2014? 

The kicker is that the seller currently has an FHA loan on the property.

. - Currently, most deals we are getting under contract are at least at asking and maybe 5K-10K over at most.

Current tenant will take good care of property, and paint job for next 2 years, after which I will rent to college students.  

I am currently reviewing the numbers associated with a wraparound mortgage and I need some assistance in determining if they make sense.Can anyone please direct me to the appropriate person who would be able to help me analyze and verify these figures?