Purchase price: $289,000 Cash invested: $25,000 4 2 bedroom units bringing in $800 for each unit.

However, there are still versions of Quickbooks Desktop that are available for purchase.

Kory, so if I understand, create trace from HELOC distributions and tie to airbnb activity via receipts or documented transactions for that activity.Example: bought land with HELOC - show date, purchase price, location, account for other HELOC proceeds in similar fashion?

Heres my thought, I want to purchase my next primary as a house hack. 

I was hoping to get some opinions on renting vs purchasing. 

Are you looking to purchase a turnkey rental property, engage in fix-and-flip projects, or pursue a fix-and-hold strategy?

I and many other here deal in these loans daily, whether it is a purchase of a turn-key property or a refinance at 75-80% LTV of the BRRRR property that you just wrapped up rehab on.

We currently self manage but would like to turn them over as well as purchasing a few multi families in the very near future.We have a sfh in Myrtle Beach and love our pm down there so I know good ones exist.

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

I know that for an investment property on a small multi-family home you need at least 25% of the purchase price down if you are not going to occupy the property.