Banks are regularly visited by federal auditors and work hard to keep in compliance with properly handling transactions.

As of now Lower.com partners with Andrews Federal Credit Union to offer the 95% HELOC.

You may be able to find a local bank that would hold the note if you bought it outright, but anything under $50k and most times under $75k is hard to borrow against...it's just too low for a bank to make any money without triggering usury or State/Federal fee limits like they mentioned.

I'm a commercial real estate broker and specialize in federal leasing and development around the country.

Saturday, February 11th, 2023(1-4pm EST)Gizzi's Coffee: 2275 S Federal HwyDelray Beach, FL 33483

I expect if the stock market truly crashed long term the government would bail out 401Ks before STR investors based on the government's previous actions.

It would be great to reverse the process of making the landlord advertise, eliminating the wasted time of sifting  the unqualified and government imposed minefields.

If you call someone from your local government (land use control board, planning, etc) they should either direct you to a website that has the published information or you could pick up a copy if the info isn't "flown" on the web.Most storage units I've appraised have been taxed as one parcel with the majority of properties being owned in fee simple.

@Chase Cline Agree with the other folks here that one LLC per property is overkill and that a good insurance policy is the first line of defense.Each LLC will require its own federal partnership return, which makes your accounting costs go up.

., government policy issues, insurance claims, legal hurdles etc.)4.