Can DL manage vacation rentals as well as traditional rentals?

If you need additional capital outside what a traditional bank or credit union would give you on the debt side, maybe start exploring higher leverage private credit / hard money options.

If your goal is to acquire additional investment properties in the future, you are better off starting out with a traditional rental, whether single family or multi-unit, compared to a vacation rental or Airbnb, where the income potential might be higher but won't be used to help you qualify to purchase other properties in the future.

The best path to financial freedom is to keep working your A** off at your day job, buy safe investments in good areas, and get rich slowly. 

@Kyle Hendricks You say you are a lender, is that a traditional bank lender, or do you offer private lending?

At that time I was property rich and cash poor, but upside down there as well.

Ivorie, in that case you could just do a traditional refinance of the borrowed funds form the private lender.

Buy, hold, and get rich.

A wise investor will not try to get rich quick with shortcuts.

Traditional refinancing and selling has proven challenging, so I’m considering more creative options, such as private lending or partnership arrangements.Questions for the Community:Have any of you dealt with a similar situation?