As I expand my portfolio, my focus will be on diversifying investments, optimizing property management, and leveraging refinancing options to maximize returns.My long-term vision includes stabilizing my portfolio, achieving financial independence through passive income, and strategically planning for growth and exit strategies.

If you decide to move forward with a second lien, negotiate favorable terms.

Maybe operate it as a mid-term/short-term rental?

Short term, I'd probably buy the next property and live in it while I'm adding value.

What kind of terms would I be looking at, let's say for a $350K property?

As a real estate agent and seasoned short-term rental (STR) host with over seven years of experience, I've seen the STR market evolve, especially post-2021, where competition is at an all-time high.

In my short-term rentals we of course cover utilities for our residents. 

I'm moving out of my house hack soon and planning to rent half the units out long term and rent the other half out mid term.

Can you give us details, price, downpayment, loan terms, cap rate etc.

After the home is rehabbed, rented, and producing month-after-month cash flow, the initial lender refinances the home into a fixed-rate, long-term mortgage using his or her great credit, but both remain on the legal title for the property.