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All Forum Posts by: Sean Beyrouthy

Sean Beyrouthy has started 17 posts and replied 21 times.

Short-Term & Vacation Rental Discussions

Post: Short Term Rental Financing

Sean BeyrouthyPosted
  • Clifton Heights, PA
  • Posts 22
  • Votes 12

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? 

1 Vote