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Updated 5 months ago,

User Stats

213
Posts
62
Votes
Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
62
Votes |
213
Posts

STRs are “riskier” than LTRs

Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
Posted

At the loan company I plan on using, STRs have a higher interest rate because they are considered riskier.

Just curious, with your STR properties is this the case?

After all, LTR typically have a lower MRR and will need to deal with evictions probably more often.

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