I’m wanting to be prepared and educated since I’m new to this and looking for advice.

Each team would propose a new ideas and new creative financing to help both sides reach their goal.

I'm feeling that I am being milked and preparing to get my attorney involved if we don't settle this soon.

Be creative.

Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.

Keep looking, but be prepared for higher interest rates with maybe maximum of 65% loan amounts (hopefully more though).

Its always nice to be prepared.

The revenue and expense categories line up with your Schedule E which makes it a breeze to prepare for filing your taxes and I like the reporting features, too.

Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.

We do all phases of the operation through. buy, rehab, rent, repairs, bookkeeping, tax preparation, etc.