Quote from @Trevor McCormick: Hi All, looking for some advise or mentoring on purchasing a short term rental property in Kissimmee Florida.1)Is it still a good investment with the current prices?

Once you’ve built capital, transition to small multifamily units using DSCR loans for steady cash flow.If you need help analyzing deals or securing funding, let me know.

That being said, I had to translate a lot of documents on my own for the loan process, so there was more effort involved.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

the terms of your agreement with the agent will lay that out

Lets say someone has 190k left on a 2.95% loan for a 220k property.

If your current team isn’t cutting it, switching might be the best long-term move—even if it requires some short-term effort.Hope this helps, and best of luck with your investments!

If I were to approach a seller of a $200k home, and they had a remaining mortgage of $100k, could I get a new bank financed loan for that $100k, and have the seller finance the remaining $100k of equity to me?   

As I see it, the only ways that real estate pays you well in the first 3-5 years is low to no leverage or a strategy that requires more work (short term rental, mid term rental, rent by the room, etc.).  

Find out what financial problem you are trying to solve in the short term until your able to get to more "long term" problems that real estate helps with