BRRRR possible for MidTerm rentals in Central Florida?

[Louis Alumbaugh]

Hello everyone, I am curious if anyone has had recent success with midterm rentals utilizing the BRRRR method, and if so, would you be kind enough share some of the details.

Thank you so much!

[Tyler Gibson]

Quote from @Louis Alumbaugh:

Hello everyone, I am curious if anyone has had recent success with midterm rentals utilizing the BRRRR method, and if so, would you be kind enough share some of the details.

Thank you so much!

 The biggest challenge with any Brrrr project is buying the property at the right price. If you can buy the property for the right price it'll always work out. You'll need to find the right lender that can accept revenue projections for short-term or midterm rentals. This is likely going to be a dscr product. The interest rates and fees on this kind of loan product might be higher.