A lot of the projects that are going on here aren't finished yet and new projects and developments are popping up all the time. 80 people are moving here every single week and 80 homes aren't being built, so demand is rising!

Is there a reason you want to give up the 2.75% rate on the old home to refinance into an LLC?  

I've heard/seen some contractors take 1/2 up front and not return for months [if at all].   

You owe $65k to your existing lending.If you refinance, depending on your FICO, you get up to 80% LTV of the new value, meaning a loan for $80k.

High property taxes in NJ can definitely make cash flow a challenge, especially if you’re trying to avoid over-leveraging.Given your goals, one strategy you might consider is diversifying into markets with lower entry costs and strong rental demand.

Does anyone know if you can use a cost segregation studies for STR properties that you may have outside the US (and use it against your US W2 income)?

The amount of new apartments buildings I have seen go up within the last 2 years and the transformation that my own neighborhood has gone through in the last 3 years has been a rapid change in my opinion.

Although leasing activity is down 63% from pre-pandemic levels, the pace of new vacancies is slowing, reducing unoccupied space from 58 million to 44 million square feet over the past year.Multifamily PropertiesHigh mortgage rates have boosted demand for rental units, with net absorption up 90% year-over-year.

< this is where most people get hung up. title is like the pink slip to the house. if you're not on title, you don't own anything. best of luck!

Also what am I looking at far as cost?