However, if you can afford the negative balance every month, you'll be accumulating equity over time as a longterm play.I'm a local broker and PM.

He provided a list of staging products, and now we’re realizing just how expensive it is to get the house ready for Airbnb.

or any kind of product that will help me tap into the equity of my lot. 

I don't intend to keep this up as products are updated.https://airtable.com/appQfAgO7szJR58b2/shrZwR7x8Zpd2zkpJ

That is a loaded question/answer because it does come down to DTI (debt to income).If you can afford (2) homes you can buy an investment first and still qualify for the 3% down.

@Kyle HunihanPA offers affordable housing, rising rental demand, and proximity to larger cities like Philadelphia.

I wanted to add to the Why, should a investment property buyer use a DSCR program over a Full Conventional purchase or refinance, as we do all programs, whether for a primary, 2nd home or investment property.Currently Full doc loans, meaning using tax returns (2 years) for qualifying can be tedious work and interest rates are higher compared to our DSCR products, since on Fannie Freddie conventional loans require LLPA's ( loan level price adjustments) added to the base rate.

Can you afford to hold on till it's a better market?

Loan Term and AmortizationCommon Term Lengths: Loan terms for seller financing vary but often range from 15 to 30 years to keep payments affordable for the buyer.Balloon Payment: Many seller-financed deals include a balloon payment due in 5 to 10 years, at which point the buyer would need to refinance or pay off the remaining balance.

Because of the design issues and how sprawling they build (meant to be a suburban product), they valuations are going to be lower than an urban or urban adjacent infill lot.