While you work on that, you could also explore creative financing options like DSCR loans or partnerships to fast-track your first STR.

Theres still opportunities out there you just have to get a little creative with how you will run your property.

For example, incorporating energy-efficient solutions and smart home technology has been a game-changer in similar markets, especially when paired with features like office spaces that cater to remote workers.As for potential add-ons, corporate housing partnerships are a brilliant suggestion!

I am new to creative financing and don’t exactly know the ins and outs of what would be the best way to approach this.

.- Creative Financing: Partnering with other investors, seller financing, or using HELOCs can help scale your portfolio faster while preserving your capital.- Land Development: Got an eye for raw land?

Also, explore creative financing options that might balance your partner’s limited credit/cash flow without putting all the risk on you.If you're attorney can't clearly articulate this, maybe it's time to find a new one.

Hi Eli, This is a creative and potentially win-win strategy that could work well in the right situation.

Seller was not willing to extend contract or accept creative financing options.

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

What several of these landlords have now done is instead of having a pet deposit, which you cant do with service animals, is that they just incorporate it into the normal deposit.