You can pick and choose from different types of real estate investments without having to do all the research yourself - the fund's sponsor will have already done that for you.DiversificationYou combine your money with other investors' to buy a set of similarly rated assets in different locations using real estate funds.

This investor let me know that since I have a track record of buying 3 properties, that the hard money lender will give the investor a better rate and add less points if I help.

Any thoughts on how far to get outside of "Attraction" areas and still get low STR vacancy rates in this area?

Rates on DSCR are nearly the same as a conventional investment property loan.

The question I have is regarding the current rates… they are either hovering high 6s or low 7s right now.

A cash out refinance to buy more property would put a substantial dent in cash flow with current interest rates.

My property would rent out for a standard long term rate of $2300-2500 a month.

(in fact, the rehabber had extra expenses because they had to fire rate the garage).

In Lake Tahoe having more beds is better sometimes because the average daily rate is higher so more people generally want to split the cost.

Thanks,Robert Robert,Would either have to look into some kind of a Quit Claim Deed to transfer it into your entity, or just fully refinancing either cash-out if you have any equity, or doing a rate and term refinance where you just transfer the existing debt in the property into your LLC.Payments could go either way, by being a member of the LLC, any rent payments could be linked to you pretty easily.