Why recreate the wheel.

. ;-) If it can go wrong, I've done it over the last 30 years and have the lawsuits to show for it.

With $33,000 in strategic renovations, we modernized the space and elevated its appeal.

For purchases, some lenders use the projected rent on AirDNA if the occupancy score is high enough and take a 20% management expense against the gross rents so 80% of the gross rents is used to structure the loan.

We are concerned that the new interest rate will create negative cashflow on the rental.

Does the rental house have a mortgage?

3.Local Market Growth: Florence is part of the growing Shoals area, with 39%+ population growth since 2000 and proximity to Huntsville, one of the fastest-growing MSAs in the U.S.

To do the cash out refi I want(leaving more cash in the deal than taking out) I would only have a $200 increase in the PITI.

The 2 areas I'm looking at is Arrowhead Manor Estates 51st Beardsley and Coral Gable Estates in Moon Valley.

Creative financing has been a cornerstone of my real estate investing strategy for years, and I can confidently say it’s one of the most effective ways to build wealth and scale a portfolio, especially in today’s market.