It’s now mid-November.After double-digit requests through phone/voicemail to almost every phone number option in the menu, emails, messages onto their web site, Facebook messages and comments, I had to initiate a chargeback. 

You would be able to take funds out as needed for the new home and you would only make payments on what you've used (interest-only minimum). 

In the example below, it shows my "Vrbo commission" is 5% and their "payment processing fee" is 3%, so they take a total of 8% (of the nightly rate + cleaning fee + pet fee). 

You only need a place to track tenant information, payment history, maintenance, etc.

Maybe a 7 year balloon payment and maybe a 3,2,1 prepayment penalty of something. 

A conventional loan under an LLC provides liability protection and easier rental management but requires a higher down payment (20-25%) and stricter lending terms, which can reduce cash-on-cash returns.

think about it:-when you buy a property, you'll have a down payment, closing costs, rent-ready costs, costs to get set up with a PM, a commission to place a tenant... maybe some light repairs after the tenant moves in...

You only need a place to track tenant information, payment history, maintenance, etc.

Prepaid interest is the interest (or mortgage payment) for the month you are closing.

Each lender gave me a different answer about the terms of the loan such as required down payments, max loan amounts, and a few other things.