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Short-Term & Vacation Rental Discussions
HomeForumsShort-Term & Vacation Rental DiscussionsShort Term Rental Financing
Sean Beyrouthy's profile image
Sean Beyrouthy's profile image
Sean Beyrouthy
  • from Clifton Heights, PA
  • Member since Jun 12, 2020
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Sean Beyrouthy's profile image
Sean Beyrouthy's profile image
Sean Beyrouthy
  • from Clifton Heights, PA
  • Member since Jun 12, 2020
Connect
Sean Beyrouthy
  • Clifton Heights, PA
12
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22
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Short-Term & Vacation Rental Discussions

Short Term Rental Financing

Sean Beyrouthy
  • Clifton Heights, PA
Posted Oct 20 2021, 16:58

Hey everyone! I am out of state and I'm looking into the short term rental market around the Orlando area and I had a question regarding financing. Is it better to look for a local lender in the area I want to buy as they may know that area inside and out, or is it best to look for a national lender (Wells Fargo) to help with financing. Any input would be greatly appreciated. Additionally, I already own a home that I currently live in so I was lookin to get this short term rental as a vacation/second home since the down payment can be less then if I consider it an investment property. Does anyone have experience with this that can shed some light on the pros and cons? 

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