I'm based out of CA but know a lot of operators in NC.

Quote from @Brandi Hoilett: Hey everyone, I’m Brandi — 28 years old and based in Miami.

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

@Jeff Sine   What kind of banks offer asset based loans? 

Anyone building a portfolio based on this technique?

When I increase my rate based on the 15.5% to cover what was once the guest fee (I also did the math and increased my rate by 18.34%), I am doing so on all of my fees (rate, cleaning, etc.), before I used to absorb the 3% because it wasn't that much on things like cleaning.  

I would also suggest that you contact your local Public Housing Authority (PHA), which usually runs the Section 8 program and might have knowledge of other local resources or particular housing initiatives that may help you find a qualified tenant, such as project-based vouchers (linking the money to your specific unit) or, in some cases, housing programs for veterans (HUD VASH) or other special populations that may need special housing assistance.

My goal is to get a high likelihood of approval at 1 one year or longer of financing to allow me to refinance after cleaning up credit and completing some bookeeping/tax corrections to better qualify.Property would be purchased through LLC based on a 1031 exchange where I completed the sale and now need the replacement property. 

Are these HELOC based on asset value or tied to salary income?