That's doable, BUT it can get tricky fast: in a situation like a refinance-step of a BRRRR, the equity is depleted as part of larger plan led by the "worker"--yes, it may not appraise well--there are risks--but, if successful, the harder-to-calculate value contributed by the worker suddenly yields a large downpayment for the next property.

They are 2/1 units at 750sq ft, so larger than yours.

We've had three tenants in three years and usually about a two month vacancy in-between tenants so any profits we make in the year go into holding costs in-between tenants but it's essentially paying for itself and are almost finished paying off the mortgage so expect larger returns in 5+ years.

Personally I like the multis because there’s a larger income base to offset expenses and vacancies.

Bill had some great advice earlier about partnering on the deal for a larger piece of the pie, that could be the way to go rather than just wholesaling it for a fee.

@Javen Bowman, for larger multifamily the lender will most likely want you to hold the property in an SPE (Single Purpose Entity).

I'd say investors are more than just part of the problem.Any item of value that has a larger buyer pool will cause prices to rise. 

GDP only came in at 2 percent and we still have revisions that are expected to be below 1 percent when it is finalized, and this despite all the liquidity injected into the market.my question is, high gas prices impact short term rentals especially in the panhandle and Smokey mountains.

It is more desirable and you can do a larger deal with the same amount of equity.

Long story short I’ve had really great success the last couple years and all of my equity partners don’t have any money left I have a great deal under contract that’s a home run winter rental/Summer STR in Newport RI set To close 11/19 and am struggling to find an equity partnerI have 15 doors, a great track record just in a liquidity crunch LOCs are out of play due to recent refi and banks rulesI have a term sheet for 100% financing @ 10/2 but am worried about being over leveraged to refi and wouldn’t want to exit as it doesn’t align with long term goals although it would build my capital stack by about 125kAny and all suggestions would be great!