All Forum Posts by: Josh Wallin

Quote from @Michael Baum:

Hey @Josh Wallin, I think you get the gist of things. AirCover is not insurance.

You need a correct short term rental policy. Not a homeowners or landlord policy.

Plus I feel confident that any mortgage company will send you a notice telling you to get insurance.

 Mike what’s your opinion on Proper vs. Steadily? We use proper and the coverage is great but really expensive at almost $5k/year.

Anyone just use Aircover and not Have an STR policy? We use Proper but it's pricey. Thoughts on getting rid of Proper and just relying on Aircover?
Is Aircover liability only or does it cover dwelling?

I think I will try based on Sarah and Michael’s opinions. I’ll try to update my experience (if I remember). :)

Has anyone used Proper insurance? What’s your opinion?

Has anyone ever used this? What was your experience?

NV LIC. # 82971

Has anyone ever used this company? 

Quote from @Luke Carl:

Any lender can do this. Doesn’t mean it’s in their wheelhouse but it’s a very common loan. 

Thanks Luke! Does the lender have to be based out of the state where you’re purchasing the property? We live in Reno and are looking to purchase in Maine. Looking forward to seeing you at boot camp on Monday night! 

Quote from @Jon Puente:

Hey Josh, 

Yes, all lenders who offer conventional loan products will be able to do 10% down on Second Home. I am a mortgage broker and will just give you a heads up that your Down Payment (aka LTV) will matter A LOT right now with getting a solid rate.

Depending on what state you are looking to purchase in, I might be able to refer you! 

We’re considering Maine or Florida. Thanks Jon! 

Does anyone know a reputable lender that offers a 10% down vacation home loan from Freddie/Fannie?

Quote from @Russell Brazil:

How about instead of purposefully trying to find the point of offending someone, you try to build good rapport with them instead as a starting point. 

I use the term “offensive” loosely. Just taking David Greene’s advice from podcast episode 726.