I don’t  think those permits will get snapped up that quickly: we have very little inventory and the barrier to entry is a little high as the entry-level price point is $1.3ish Million for any properties that would work well as an STR.

Hey @Kevin Sierra, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

Quote from @Michael Nelson: I have a few deals coming down the pipeline and want to free up as much capital as possible.senario property appraised value 430,000amount still owed 220,000 You can do 80% LTV cash out however the rate will be high.

If you have losses that high then it is worth your money to hire a CPA to prepare your tax return.

Hello, this lender at gaurenteed rate says my DTI will be too high AFTER i buy this SFH (with FHA) that i will turn into a rental later.

More commonly, 4-star properties have seen as much as 200- 250 basis points of expansion.This range of cap rates is generally found in the upper 7% to 9% territory, indicating that office property values for transactions over $10 million are down by roughly 35% from the all-time high in 2021, excluding medical and owner-user sales.Debt maturities pose challenges for 2024, with around $206 billion in office loans maturing this year and another $180 billion in 2025 and 2026 combined.

I would highly recommend implementing this investment strategy first so you can dip your toes into real estate before trying to tackle a BRRRR deal. 

You should also get established with a quality screening company.Good Luck and Good Investing

Not high earning 90-120k. 27 years old. 700 credit score. 

highly recommend.