Many companies have left the state entirely.Insurance is a simple math game. 

Does anyone know anyone that does 5% for a vacation home loan? 

Hi @Frank Pyle,**I am not affiliated with any of the companies mentioned**To secure long-term financing for your Airbnb, look for DSCR lenders that accept pro forma income instead of requiring 12 months of rental history.

There aren’t many residential development companies operating at this level, which reduces competition and risk.

You aren't required to offer a loan mod prior to foreclosure.

Option 1: The loan that the owner has is an assumable loan at a 3.875% rate and still has about $265K.

I had a “lender” tell me he’d give me a personal loan with a fixed 4% rate on a 30 year term at whatever amount I wanted because he would like to “build a relationship” with me. 

The mortgage would stay under the seller's name.The buyer could then rent out the unit, renovate, etc. to increase cash flow or make more money.But aside from a possible "due on clause" being called by the mortgage company, what's the benefit to the seller?

I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.

However, I don’t have a US-based W2 (but work full time for an American tech company in their London office).