That has been changing however with the rise of Airbnb and VRBO, and now more guests expect that all to be supplied for the duration of their stay, and not just have a starter supply.  

Here are a few stats for the Jacksonville market and the rental portfolios we manage (over 4,100 properties):Property Management:- 98% rent collection- 672 homes rented with an avg duration of initial lease of 26.5 months - 581 leases renewed- Avg duration of resident stay of 54 months- Current occupancy 99%- Rents have rise 8% year over yearJax Market:- Med home sales price - $300k- Homes on market - 4,264- Home sold month prior - 1.17- Year over year appreciation - 15.7%  I just did a Jacksonville Real Estate Market Update on our weekly show and I do it every quarter. 

These extra payments will only impact the finances for the duration of the mortgage, which is five years.Any assistance in analyzing and understanding this would be greatly appreciated.

Heloc in general are variable so I strive to use them for limited duration financing such as the rehab on a brrrr or a flip.  

The prospect signs an authorization allowing us to contact the employer to confirm their rate of pay and the duration of their employment.

It's setting self up for failure, because everything ahs to go right for a duration of time INCLUDING equity growth to infill that hole one dug day 1 via over paying. 

The rest of the funds received will be considered a return on your cost basis and non-taxable as well.Thanks for the response Ben The house was never used as a rental, it was owner occupied by myself for the duration of the mortgage.

Often what they ask for is not what is always required... it likely says something like "Verify the duration the entity has been in business" and someone decided "A letter from a CPA would be acceptable and easy".  

If there's local boom in industry we should see the effect in immediateterm not in short tem, so what really happened in 2020-2022 is really big mistake by Fed.Also it seems very natural that in the next ten years we see lot of consolidation in the big business, much less small biz owner, and everything is owned by the conglomeration of some very powerful big names that generates cash from their operation.America is going to be more controlled by big company regardless who is in power in the goverment.So some folks are selling SFHs now in large masses to transfer into t-bills in the short period(4-8 week duration) then enter 2024 with funds to come into CRE to convert into storage, MFH(with better terms), and I think some other plays.

Common terms for private money loans include interest rates ranging from 8-15%, short-term durations (usually 6-24 months), and LTV ratios around 65-75%.