Hello everyone,I'm considering purchasing a triplex with the following unit mix:2 apartments for short-term rental (STR)1 apartment for long-term rental (LTR)Questions Does this mixed-use property (80% STR, 20% LTR) still qualify for the short-term rental tax loophole?

The only things I change are that I require a copy of their housing voucher (which tells me which agency they're with, how many bedrooms they're qualified for and if their voucher is still active) and I require only 1 months rent in income instead of 3.The rest is the same - I call every landlord they've had for the last 5 years, I check their background, credit, etc. 

@Luke Davis If you can qualify for a conventional loan that is probably going to be your best bet.

Im worried the home equity loan will be a problem in qualifying for the 500k  second mortgage needed for my second multi family unit.

@Shrikant Kakani- thanks ...if you  dont need to use financing - disreagrd the following tip ..if you will need to use a loan to acquire your 1st investment property - I would recommend getting the formal loan pre approval step completed ..this is free  and it will help answer many questions you have  and  help get you organized and  prepared .

Second is partnering with a great lender who can help you navigate including potential rents to help you qualify for more opportunuities.

Social media is filled with 'passive income real estate' but it takes a lot of work to acquire, qualify for loans, and manage property. 

In order to qualify for your first investment loan you will need to put down 25% of the properties purchase price.

It is taking 1 - 2 months to find qualified tenants. 

Can you qualify using employment history, tax returns and DTI?