Interested in Purchasing our First VR in Gatlinburg

[Chasity Chen]

Hi there!

My husband & I are very serious about purchasing a VR (looking into condos and cabins) in the Gatlinburg TN area. We travel here quite often and love it so much and I feel like it would be a great investment. 

However, we recently sold our home and are renting from a friend until we find a new home to purchase. We would really like to invest in a VR soon but we are thinking it would mess up our home buying process when we do find a house we want to live in. So... I guess my question is, has anyone ever gotten a home loan around the same time you were trying to get a business loan (or whatever type of loan you did get for your VR investment)?

I have contacted a lender in the Gatlinburg area, but am still waiting to hear back. We are also already pre-approved by a lender local to us for a home loan. 

I appreciate anyone who takes the time to read and respond to this! :)

-Chasity 

[Joshua Feit]

Hi there! I just bought my first cabin in Sevierville, and I have another under contract in Wears Valley. I have had such an awesome experience working with my agent, Avery Carl -- she is on this forum all the time. You should definitely connect with her.

Also, Parker Borofsky at Mortgage Investors Group is the best banker I have ever worked with -- you should connect with her as well.

Best of luck on your journey, and I hope you stay in touch. Let's help each other figure out this STR gig!

Cheers,
Josh Feit