We secured a 3.2% interest rate and currently owe about $200k.

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There are several types of fees on Airbnb specifically: -Airbnb service fee, cleaning fee, extra guest fee, pet fee, security deposit, VAT (if applicable), and local taxes. 

It allowed me to preserve my personal savings while still securing the capital I needed to get the project going.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

Seek advice from local experts and leverage the BP community.Good luck!

I've seen that local banks tend to be the best option for this so if your local banks don't offer it then maybe private money could be the route.we can offer heloc’s on investment properties both in the form of revolving secured lines to investment properties and fixed second mortgages as well to investment properties.typically LTV’s are up to 70-75% total CLTV which includes your first mortgage as well so if you think your LTV is lower than 75% currently (IE YOURE AT 400,000 loan on a 800,000.

I actually am working on my second one, I helped a Buyer in 2023 secure one, and now I am working with a Seller who has one, and the buyer is assuming their loan.

We'll have an expert on hand who operates nationwide and specializes in new STR setup & decorating.  

The primary reason for this, is because Freddie Mac & Fannie loans are "securitized loans" (IE - they are turned into mortgage bonds / mortgage backed securities / MBS after they are originated).