Again, costs will be incurred with each property taken as collateral and you will have the release fee requirement as well with a LOC.

With insurance companies canceling policies and raising rates has anyone uncovered a way to self insure rental properties?  

The other two options require spending money that is basically going out the door to lots of fees and expenses of exiting your current house and getting into a new one.If you were just looking to move, that is perhaps a different story… If your house isn’t working for you, for instance.

In this higher rate climate it's basically a wash between investment vs. secondary.

Looking to get into my first STR in the next few months out in the Knoxville/Oak Ridge/Gatlinburg area(s)....I understand getting average daily rates, occupany rates, mortgage, saving for maintenance/CapEx.

Cash-flowing SFR's are tough to find in this interest rate environment without value-add rehab work or a large down payment.

After calculating all of the properties, the average cap rate is around 5% and the COC ROI is always negative (I am putting down 25% for a DSCR loan).

Example, analysis fees, marketing fees, management fees, etc.

Consider factors such as rental income potential, expenses, vacancy rates, and potential for appreciation.- Negotiate and Close: When you find a property that aligns with your investment goals, work with your agent to negotiate the best possible deal.By following these steps and staying proactive in yoursearch, you'll be well on your way to finding your first investment property inHuntsville, AL.

Private cash and group deals mean working with lenders or partners for down payments and closing fees.