I think this will be the short term realization, and anyone that did not wait on the sidelines and jumped in with the intention of a short-term re-fi might have to tap out. 

Long term goals in mind that I need a track record and capital for! 

Other local lenders I have used recently do not have very favorable terms. 

I imagine it’s a relatively short drive from Southwestern Ontario, and it offers some unique opportunities that align well with what you’re looking for.Detroit has seen tremendous progress over the last decade, with significant investment and revitalization in many areas.

Congrats on going under contract!

@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

While the same comments would apply, the previous Portuguese government enacted a law in 2023 that severely restricted certain types of short-term rental in certain areas and that law has been abolished by the new government because they realized it wouldn't solve the problem.

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Pete and Clearwater still work well for mid-term rentals despite some short-term rental saturation.

I’ve been in the industry for several years, and my work has given me a solid understanding of property systems, maintenance, and what makes a home a great investment.I’m now looking to expand my own real estate journey by learning how to acquire and manage short-term and long-term rental properties.