Local banks and smaller credit unions are most aggressive in this space.

I also also co-host a weekly Zoom Q&A on MTRs called MTR Office Hours in a Skool Community.This is why I tag you into questions like this.

Why not use bank debt or alternative lender debt if you don't qualify yet for bank originated debt?

I have supplemental insurance so I am of the mindset that they should get rid of this bogus insurance and lower my host fees..

When I tried to get it when my side of the family found out and tried ti take over reverser mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

Would a bank even allow us to mortgage multiple buildings on a single lot without it being subdivided?

Unfortunately, new hosts are targeted for this.

@Paige Corsello...You could call your bank contacts and find out if they are broker friendly.

The property is zoned as a SFR house and likely in a neighborhood of the same.Was the property not appraised by the bank when you got your mortgage?

If your current lender can’t accommodate you, explore STR-focused lenders like Host Financial or Lima One Capital, or consider bridge loans to buy time while you build your rental history.