However, there are alternative financing options you can explore for your Short-Term Vacation Rental (STVR) properties:Cash-Out Refinance: This allows you to refinance your existing mortgage and take out some of the equity as cash.

I posted a few times while my wife and I were looking for our vacation home.

However, a loan officer suggested getting a vacation home loan, then transferring the property to an LLC.

Hello @Nancy Bender Margaritaville has pros and cons like any other vacation community.

Have you asked the tenant to vacate the property so you can sell it?

Purchase price: $175,000 Cash invested: $34,000 Sale price: $750,000 Single family Vacation rental direct sail boat access.

Remember this, people book vacations with their eyes.

Purchase price: $175,000 Cash invested: $34,000 Sale price: $750,000 Single family Vacation rental direct sail boat access.

I am in vacation destinations like Pigeon Forge and these are not converting to LTRs.

Following that we moved out and turned it into a short-term vacation rental around April 2021 and the last year before we sold the house in December 2022, we leased it out as a long-term rental for 1-year.