I chose that market because it fits my goals and it was viable in terms of price point.

If multi-family isn't hitting the jackpot, explore alternatives like single-family rentals for potentially higher CAP rates, or consider commercial real estate options such as small retail or office spaces.

Benefit to the conventional option is that this does not apply. 

Current rental: est MV = $375k, current mortgage $218k, net $157k One option is to do a cash out refi on our investment property to pay off the HELOC.

However, both Free and Pro Monthly members have the option to download for $99 per state.If you are interested in upgrading your membership to access the free downloads please reach out to our support team at [email protected] hope this helps, and please let me know if you have any other questions I can help clear up!

I'd love to hear some suggestions on what my options are?

@Cristian Estremera the initial difference is the financing options.1-4 family are eligible for FNMA, FHA and VA mortgages.5+ units require commercial/DSR loans.As number of units increase over 5, management changes.

Not sure if there is a DM option on this site lol but certainly willing to connect and share ideas

What is the minimum COC% return you all need to pursue a property as a viable STR investment?

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