Refinance with Rate Buy-Down:Pay 2 points ($8,640) to lower the mortgage rate to 6.625%.

Hello,Little background I’ve been buying and selling since for 15 years.

I don't ever recommend someone buy a property having never seen or been there.It sounds like @Dustin Hagemaier would be a great resource for you.

That means your GP team needs a minimum of $300K to invest, more if you buy a bigger or nicer propertyFWIW, SOFR is not a loan you can get.

Just make sure you are saving towards those slow months during the peak months, buy a deal at the right price (don't overpay just because its a turnkey STR or you think it will make more money than projected), and look into ways to increase bookings during those slow months with some marketing and operation tweaks. 

The account is "Vacasa"'s, not his.Likewise, if Elon Musk decided to buy Vacasa and tomorrow, I'm pretty sure he would retain the accounts as they are assets of the business he's buying, not any particular person.  

Investment Info:Single-family residence buy & hold investment.

It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

But I would not consider what the seller needs to make in determining what I'm willing to pay for a property, especially when youre buying a problem like this.

Investment Info:Townhouse buy & hold investment.