Can DL manage vacation rentals as well as traditional rentals?

If your goal is to acquire additional investment properties in the future, you are better off starting out with a traditional rental, whether single family or multi-unit, compared to a vacation rental or Airbnb, where the income potential might be higher but won't be used to help you qualify to purchase other properties in the future.

@Kyle Hendricks You say you are a lender, is that a traditional bank lender, or do you offer private lending?

If you need additional capital outside what a traditional bank or credit union would give you on the debt side, maybe start exploring higher leverage private credit / hard money options.

Ivorie, in that case you could just do a traditional refinance of the borrowed funds form the private lender.

Traditional refinancing and selling has proven challenging, so I’m considering more creative options, such as private lending or partnership arrangements.Questions for the Community:Have any of you dealt with a similar situation? 

@Christian Styles, I appreciate the conformation to my exact thoughts👍🏻.

If you keep an open mind to house hacking meaning renting out part of your home or renting out an in law suite NOT just the traditional multi-family sense of the word, options expand dramatically.

Yep I am slightly confused… there is no downpayment in a traditional foreclosure.

You get tired after while if you follow traditional method.