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Updated 5 months ago, 07/20/2024
Best financing products for short to mid term rental
Evening,
I am in the process of acquiring a short to mid term rental in the somewhat local vacation/ tourist destinations in my region. I want to utilize either a 2nd home type product or investment property product. I was reading about DSCR loans and they seem like a great tool for cash flowing properties.
My ultimate question is does anyone know if there is a property criteria for these products? Can it be a single condo or apartment.
Anything helps BP community, thanks !
Best,
Justin