Non-recourse loans are typically more common with large-scale commercial projects or through institutional lenders, but most lenders prefer recourse loans where personal guarantees are required.The reason most loans are recourse is that it provides the lender with additional security.

They must pay the market rate, the same rate you officially list for the property.The good news is that you staying in your STR for the purpose of making repairs is not personal use.

Have all your ducks in a row so you can move quickly on securing the deal when you do find the right one that the numbers work on.

I spoke to a gentleman yesterday who put 400K into a four unit in the city and his first tenant in the one unit bounced their first month's rent and security deposit checks.

It sounds like a smart way to build equity and stay secure financially.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

LL Flooring, formerly known as Lumber Liquidators, is closing all 430 of its retail stores after failing to secure a buyer during its Chapter 11 bankruptcy process.

They try to steal sensitive information including social security numbers, banking information, birth dates, etc.

Absolutely, we have a top Office Broker working with us to find and secure B class office assets.

Do a cash for keys deal and just try to get them out early… I’ve thought about offering that if they leave by the end of November (~60 days notice) that I’d give them November free + $500 in moving expenses and return of security deposit if left in good condition3.