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All Forum Posts by: Beyonce Davis

Beyonce Davis has started 1 posts and replied 1 times.

Short-Term & Vacation Rental Discussions

Post: House hacking to STR

Beyonce DavisPosted
  • Posts 1
  • Votes 0

The first home I bought was with my brother , I helped with the downpayment and he covers the mortgage payment as rent. We are both on the title and the loan but since he covers the payment I have had some lenders exclude this one house but there was one that refused to. 
I have been following a process where I buy a home and live in it for a year then convert to STR and I have acquired 3 homes this way. So technically I have 4 mortgages in my name. In the last 4 years, now I'm facing some roadblock acquiring more. How have anyone else handles this obstacle without high interest, high down payment DSCR loan.

0 Votes