You take a short class 30 minutes over the phone and once you finish this process you typically can save around 1% off your rate!

You will also have a credit on statement for pro-rated taxes due to buyer.  

I have a clause in the lease that says the security deposit will be held in so and so bank with so and so address and interest rate will be xyz.

For negotiations, it’s all about working out the down payment, interest rate, and loan terms.

Sometimes you have to drop everything to take care of your guest.

Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.

So you had way too much product and less demand and the gross rents dropped a bunch.Somehow the smaller cabin rents went up though.

Event with all that the sale prices have been over the list price on average close to 1.5% over, which would seem a bit counter.If rates end up dropping a decent amount at all the prices could rocket even with inventory growing again. 

Hey Chris would love to visit.  100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down loan because the lower down payment requirement and rates/cost similar to a primary residence.

Mind you, it would be much less expensive to rent when you go there given the very low nightly rates due to the overbuilding.