First, determine what your lender offers in terms of Loan-to-Cost (LTC) for acquisitions and the maximum Loan-to-Value (LTV) for a seasoned cash-out refinance.

You are the closest living relative and you have inherited $10,000,000.00 USD.What is your long term strategy?

DSCR loans are long term loans that you would generally get into after a fix and flip if you decide to keep it as a rental.I would be happy to hop on a call to go over this more in detail :) Congrats on getting started on your REI journey!  

Together, we negotiated favorable terms with the seller, ensuring we acquired the property at the best possible price.

Together, we negotiated favorable terms with the seller, ensuring we acquired the property at the best possible price.

In terms of cash flow, it’s definitely possible in the Midwest.

Alexandra,Tampa is a great place to live and its rapidly growing in terms of population and new construction.

Are there any restrictions/licensing requirements for Emerald Isle short term rentals at the moment that you're aware of?

Now of course I have heard some of terms and lingo being thrown around by friends, family, and now the podcast, but I still wouldn't even attempt to engage in any of these forum posts due to my lack of knowledge.

I'd like to brrrr and hold long term and it don't make sense for me to do it in my market due to high cost of homes.