The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.

The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.

The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.

Quote from @Grayson Grzybowski: @Crystal SmithThank you for taking the time to provide your insight on the questions I have asked.For your introductory statement, I understand this is how debt should be used. 1) I have already went out of my way to ask for as high of a limit as I can just to have it on stand by. 2) I am trying to build value into our home to increase the equity faster so I can utilize it as leverage in time. 3) I have already reached out to a lot of different investors and have their terms & conditions at hand. 

Airbnb increased the popularity of STRs, but did not introduce STRs (VRBO started in 1995).  

Since lenders will not lend cross-border, you'll have to provide US collateral, like taking a HELOC if the collateral is real estate, or you'll have to use love money or pay cash.But maybe it's not that a bad thing if your land has increased in value in case you'd want to sell it you can't get the funding.

I’m excited to engage with this community, share my experiences, and learn from all of you.

This allows me to make a full decision knowing the nature of the repairs, cost of repairs and have the ability to back out of my offer if there is a red flag or major foundation problem that increases my repair costs dramatically higher than I anticipated.

Quote from @Deborah Wodell: I've noticed an increasing trend among investors looking for 100% financing or securing 90% financing and then seeking gap funding for down payments and closing costs.

This increased the property’s rental income potential and market value.