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Updated about 2 years ago,
What would you do in this situation?
Hello BP Community,
In September 2022, I have acquired a property in North Carolina, which I plan to make available as a medium term rental. This will be my first MTR. Unfortunately, it look like I need to wait 1 year cycle prior to launching this business per closing documents with Navy Federal - this is a secondary home loan. Rehab and furniture purchase is underway; however, waiting 1 year is a long time, and I was wondering what else should I be doing to prepare for the day I will advertise my MTR in Airb&b. What would you do in this situation?
I look forward to receiving guidance from this community.
Thank you,
Aurelie Bell