My wife and I are likely looking at cracking into OOS investing in STR's in the next 12-24 months, and this was an awesome lesson for us that taught us that we will really need to be ready to build out a strong team to execute an OOS STR.

They had pitched the "Corporate Financial Program" to help build the paydex up and move all my debt into the LLC and build corp credit.

Some lenders allow ADU builds in the reno, so if the ARV has enough room, this would be a strong option.

One recent example of a re-fi we closed for a multi-family building in the Bronx: the property was a 40-unit apartment building with a 10 year, $3.7m note coming due.

Condos have HOAs which can be good for landlords because the keep the outside of the building, landscaping, and rules to keep tenants from making their own "yard art". 

Hey ThereWe've ended up in a tricky spot and I'm trying to figure a way out of it.Bought a property to STR in georgia. 6 months later it burnt down.We got the insurance money and decided to build a second place in the lot next door.

Sent out 2 messages  to individuals last week and I think BP is blocking my messages as well.I’m 18 years in this business flipping and building new construction.

Unless, of course, I'm too busy, not great at negotiating, or want to continue building a relationship with my rockstar agent.C.

If your working with fix n flippers, then you are going to have to become a wholesaler yourself and build a wholesale system.

I work for an investment brokerage here in Kansas City, however I am new to this industry and looking for ways to build my pipeline.