I crunch numbers and put deals together in both types of markets. 

Purchase price: $245,000 Cash invested: $15,000 Contributors: Keith Andrews My 2nd Purchase while using a VA assumable loan What made you interested in investing in this type of deal?

To leverage this benefit, prospective property owners must engage in short-term rentals and provide substantial services to guests, such as daily cleaning, meal provisions, or transportation services.Additionally, navigating a material participation test becomes crucial.

There are a lot of nuiances, so discuss with a lender in your area that does these types of loans. 

What made you interested in investing in this type of deal?

Purchase price: $62,550 Cash invested: $62,550Purchased a cash flowing SFR in Muskegon as our first acquisition of 2024.What made you interested in investing in this type of deal?

You can have 10 agency loans and agency loans cannot be made to an LLC.If you use a different type of loan product, such as DSCR or a bank loan to refinance some properties (whether or not you use an LLC) you can then get more agency loans.

@Senate Eskridge, Yes, I will definitely be checking with the zoning department to confirm...There are several restaurants along that street where I'm interested in placing it, but I am learning "food trucks" may require an additional layer of approval.And we share the same vision for this type of venture--power, water, picnic tables, etc.

QUESTION: What type of loan are you refinancing to?

This includes materials and labor per zip code.