It doesn't exist yet. 15% down will most likely be at a high 8% rate and you may get an LTV reduction with it being a short term rental. 

Sept is also low season in FL, and we are going through an over saturation of hosts in many areas.  

This policy will provide additional coverage above what your existing policy covers.

Can I use a previously existing LLC?

Unless there exists some alternative revenue source for a Paperstac-like platform to profit from (beyond transactions) or some amazing value proposition not already provided by Paperstac, it's hard to envision a similar site for smaller players doing well. 

So for them this is the only way that currently exists in this market to get a managed, complete property with little or no work on their part.

It is super saturated.

I am looking to refinance an existing HELOC to increase the line of credit.

Each option serves distinct purposes, and understanding their respective roles in the capital stack is crucial for effective financial structuring.Strategic Rationale for InvestmentThe rise in multifamily distress creates a ripe environment for mezzanine debt and preferred equity investors to support existing projects.

I wouldn't buy existing. newark is the #1 zip code for new home deliveries under 400k this year in 2023 and is mostly being driven by DR Horton. year of year property appreciation is insane as well more than 10% on the median and average last time I checked the housing stats. if you want to build please reach out. we don't do any brokerage with existing inventory