Quote from @Adam Terneus: Just got another email from Marco…😑17% Interest Promissory Note | Short TermsMy partners and I are raising $5 million of short-term expansion capital for our exciting and profitable growing business, the Aspire Tour.

. #922-2, pp. 86–95) (noting that upwards of 90% of transactions on the Subject MLS offer buyer agent commissions of exactly 3% during the class period, with the exception of the MARIS MLS consistently offering 2.7%)....Although it is true that a nominal commission of $1 would satisfy Section 2-G-1 and Defendants agree such nominal commission is mandated, Plaintiffs have produced evidence that no transaction within the Subject MLS took place using a nominal commission.

It really comes down to running the numbers and seeing which option offers the best balance of costs, monthly payment, and future flexibility.In short, a DSCR loan might work, but it may not be the cheapest or most suitable option if a second-position loan or HELOC can accomplish the same equity pull with fewer costs or better long-term benefits.

What contingencies were included in your purchase and were you within those contingency periods? 

I wanted to get feedback on managing short term rentals in Hawaii. 

Question: I am wondering what are some things you've done in the past at your short term rentals to fill the vacancies during your slow season?  

Give large discount for a medium term tenant and max out on the busy season with short term.   

Duplex was not appraised for the amount that the realtor presented. 3 different appraisal short (needed $50k for HELOC) so now I am unable to cash out refi.

Ok, so I read and loved Avery Carls “Short-Term Rental, Long-Term Wealth”.

Most lenders will for try to send you down other roads first such as a loan mod or short sale, before they agree to DIL.