I have about $60k equity in my primary residence, so the opportunity to lower my rate slightly AND be able to reinvest that equity in another property (or two) is very attractive.

Frustration leads to just dumping the property to the next buyer at lower than market price.I cannot end on a bad/negative note.  

I was under the impression that bank are  either 80% appraised value or buying price whichever is lower in the first year, hence brrrr isnt an option with hard money.

We are struggling to lower our financing costs.

I'm looking for a firm that understands real estate investing and can advise on the proper structure and financial strategies to lower tax burdens. 

The reality is it would halt real estate transaction volume, causing a stagnant market which both party's constituents don't want.Try not to victimize yourself here...

Middle Income is about 54,000 so that is about 1,300 a month in affordable rent.So for middle class it was saying take older apartments 20,30,40 years old that have lower rents and update them but make sure the new rents are not above the median income earner level.Multifamily New Construction  

Looking at the Fannie Mae website, I found the following requirements:Cash-out refinance transactions must meet the following requirements: The transaction must be used to pay off existing mortgages by obtaining a new first mortgage secured by the same property or be a new mortgage on a property that does not have a mortgage lien against it.Properties listed for sale in the six months preceding the disbursement date of the new mortgage loan are limited to 70% LTV, CLTV, and HCLTV ratios (or less if mandated by the specific product, occupancy, or property type – for example, 65% for manufactured homes).Note: Properties that were listed for sale must have been taken off the market on or before the disbursement date of the new mortgage loan.The property must have been purchased (or acquired) by the borrower at least six months prior to the disbursement date of the new mortgage loan except for the following: There is no waiting period if the lender documents that the borrower acquired the property through an inheritance or was legally awarded the property (divorce, separation, or dissolution of a domestic partnership).

So maybe at the end of a transaction the agent who procured the deal might only walk away with enough to pay their car payment for the month or whatever.

If you're just starting out as a STR owner, you want to make sure your photos rock, you're providing everything that you have in your own home and make sure your guests are aware of it, charge lower rates at first, then after you have some positive reviews, start to raise them slowly.