Purchase price: $240,000 Cash invested: $84,000 Bought the unit as a Short Term rental for the summer season.

You cannot bluff if the other players know you have nothing. 

Hi everyone,I am trying to find out whether short term rental has seasonal weather risks, and thus posting this question.

The larger players last I checked were between 10-12%.

75% LTV6.707%1 point origination727 creditDSCR loan, 30 yr fully amortized, 5 year step downFunded by one of the Hard Money DSCR big players

I'm just short of the income qualification but would still have to wait two years for that to season.  

The most common benefits a landlord can get from an arbitrage agreement are: reduced vacancy expense, decreased maintenance costs (most arbitragers agree to fix any damage done by guests), increased rent (most pay a premium), reduced number of hours managing the property (aka it's more passive)Some less common benefits, but still worth mentioning: Using the property to host their own guests at a lower rate during the "vacation season", Revenue sharing, arbitrage managing landscaping, and other management tasks. 

We are looking to, form a JV with a seasoned investor/rehabber, someone experienced in the local market.

Indianapolis has a strong event-driven market (Indy 500, sports events), so this company could be a good fit for those peak seasons.4.

He is one of the bigger players in your area,