Hard money, creative financing, or traditional financing should be viewed as different tools that you can use; try not to worry too much about finding one, singular way to finance every deal.For example, if you are buying an off-market deal from a family member, you may want to see if you can use traditional financing or creative financing since there's no competition and you'll get the most attractive/flexible terms.On the other hand, if you see a newly listed deal on the MLS, you may want to look at hard money since it can fund quickly like cash.Hard money loans are more expensive so you'll want to plan your exit before you get in whether that be refinancing into a long term note or selling the property.Hope this helps!

We should plan for this.Gumballs aren’t 1 cent anymore Boomer.Don’t Get Screwed by your Contractor.** Punchy Sick Guy Warning!

I reached out 2/1/24 to see if they planned on moving at end of lease and they said they would be staying through Fall 2024. 

Quote from @Jonathan Garcia: Well technically what I use is irrelevant considering I'm switching.I have 174 doors 63 of which are self managed.I don't have growth plans as I'm in the stage of just natural progression due to years of investing.As far as the software I want to collect rent, Fees, Maintenance request, Reports, and a system that can handle as many doors as possible with no restrictions.  

I will keep that in mind as I develop my business plan and team.  

For STRs, the typical options that you'll see utilized are conventional, second home (if you plan to occupy the property for more than 14 days but less than 180), or DSCR.

In my case, my real estate agent ran comparables that showed the sale price of a house without a garage could justify the investment, meaning the amount I was planning to invest plus the current value of the house was less than or equal to the ARV.

My original plan was to move into the “turn-key” unit and rehab the other two units over the course of an estimated 6-months.

I was planning on living in 1 house if that makes any difference. 

He did do the entire roof because that was his proven zone.I applaud you for wanting to take on more work.If yall can put this action plan to work, our team can get you across the finish line.