Multi State STR Goals

[Michael Taylor]

Hello,

I’m sure like most people, I have a goal of buying a property in every state that I would like to live or visit. For example, I want to buy a house in San Diego and be able to go there whenever I want, live there for however long, and then rent it out when I’m not using it. I’d like to have places in AZ, CA, FL, GA, NY, MT, ID

My question is, for anyone that has done this, what type of loan do you get for this to start out? What type of loan do you get to acquire your second property and so on? Do you get a conventional, secondary, investment? Are they all conventional loans? All secondary loan? All investment loans? Do you talk to a private lender or a regular bank? What was your process?

Also I think people make it seem like they purchase all of their properties within weeks. So realistically, how long did it take you to acquire these properties?

If this has been asked and answered before in another forum I apologize. If you have the link to that forum discussing it, it would be a huge help.

Thanks!