I'm looking at small multifamiles and won't have an issue with capital thankfully.I am in Arkansas and looking to stay local-ish initially.

Will you be funding your own rehab or would you need to roll those funds into your initial loan?

Hi all,Happy New Year! Just purchased my first STR in Sevierville, TN. Closed mid-December and was able to get two bookings for the holidays. I know January and February are slow months, but looking for suggestions to...

In fact, more than two out of three homeowners have either completely paid off their mortgages (shown in green in the chart below) or have at least 50% equity in their homes (shown in blue in the chart below):And that’s a big deal.

@Jaycee Greene I agree.

Quote from @Max Edward Connelly: Quote from @Jaycee Greene: Quote from @Max Edward Connelly: Hey Jaycee.

Typically, the initial upfront for the rehab is either cash or a high interest loan (hard money or private). 

Quote from @Carter Trombley: Quote from @Jonathan Greene: Just earn solid money.

I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.