These is where DSCR lending gets murky as there are some lenders that don't even care about this.

Working on a few STR deals with savvy investor sellers and we are wrapping some really low interest rates so the DOS clause concern is very much alive… We have decided to go the land trust route w/ one of the properties to try to be as careful as possible.

Investing in properties tied to future area developments requires careful evaluation of project timelines and potential delays.

I would be careful not being honest with these companies as it can be huge penalties etc. if you are not using the information in a fashion they say you are going to be using it for. 

However, please be careful if you go this route!

Conventional financing is far superior to FHA when it comes to being a Non Occupying CoBorrower. 

Why should they care about the long-term tenant performance?

Just be sure to carefully consider the financing costs and make sure your STR income can comfortably cover them.

Hi Jill, when it comes to LLCs, you'll typically run into issues using conventional loans as they won't lend on LLCs and want the investment in your personal name.

Once my DTI got too high to get conventional loans, I found a great lender who finds creative ways to get me approved for conventional loans.