If they do not qualify because of poor credit or income issues compared to being self employed etc there are differences - but typically people don’t qualify due to poor credit and people will seller finance to these borrowers thinking they woke up at a holiday inn and got a finance degree when in reality they repeat their past mistakesRemember the definition of insanity is doing the same thing over and over again expecting a different result

The market does slow down from November to January and we are looking for ways to attract more guests over the holidays.

Happy holiday !

It is a slow time in the market overall with the holidays this month and next.

I'm also here to give my knowledge to others from my experience as a landlord and maintaining and improving homes.Thanks a lot and Happy Holidays!

Obviously holidays can cause a delay.  

All the best ones I know are full and not taking new clients.I would encourage you to hit this one hard because they get very busy in a month and they have little to no time for anything other than servicing clients after the Holidays, until May.Real estate lawyer - I use and recommend @Brad Schaeppi.

In the rentals where I wanted to provide a more relaxing, unplugged experience, guests were still all "Where're the TVs?!?".

About 20% use DSCR (usually 20-25% down) and the rest are cash or hard money or something else.For $325k purchase:1) As a broker I would negotiate down as its been on the market a while and its especially now in holidays)2) I would also negotiate seller paid closing cost credits, most loans allow 3% which should cover most or all of that.3) Assuming you paid $325k but got closing costs covered I would anticipate a minimum of $32,500 down and maximum $65,000 down depending on lending product chosen.4) Remember you still must furnish and I use $20/ft as a safe estimate to fully outfit an STR property.Best of luck!

I am never looking for a sure thing as I don't really think they exist but I don't want to get into something that I am not sure how it will look in 3 or 5 years.The only way I would look at this deal is if it is perfect for getaways and relaxing for me and the family and anything I made would help pay for those experiences.