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All Forum Posts by: Dave Tov

Dave Tov has started 10 posts and replied 22 times.

Creative Real Estate Financing

Post: Advice Wanted: Best Loan Option

Dave TovPosted
  • Posts 22
  • Votes 7

I am from Canada and looking to purchase a STR in Orlando area. I have cash for down payment and would require a US mortgage for the balance. Is it very difficult for a Canadian to obtain a mortgage on STR and does the lender take into consideration the potential income that will be generated from the STR? Anyone have an opinion of bank vs broker?

1 Vote
Orlando, Florida
Short-Term & Vacation Rental Discussions

Post: Thoughts on Vacation Markets w/ rising rates/economic slowdown?

Dave TovPosted
  • Posts 22
  • Votes 7

I am from Canada and want to enter the STR market in the Kissimmee/Davenport area. I had a couple offers in but even at 100K over asking I was beat out. I am now wondering if I should wait as reputable economic platforms are suggesting a recession by 2023. The current market is in no way balanced between buyer and seller. What are other people hearing?

0 Votes