So far today I have tried one bank and I got a big fat NO!

But these numbers have some fat that can be trimmed , but i try to be conservative .

Based on the following assumptions: You can afford the monthly PITI There is a fat $ cushion The renovations are all above board The comps show that there is a large upside delta between your purchase price and market pricesYou have good creditYou have a large 6 figure amount of cash for a down paymentIn my personal case, I would actually offer a higher interest rate for a lower down payment.

A few blips in additional costs, drop in volume, and you could lose money fast.I like businesses with fat profits off of low to medium volume.

So I guess it's what they call "fat FIRE."

You’ve set up some communistic straw man argument that a rich fat cat homeowner capitalist has taken advantage of poor people.

A 5-day booking scheduled to check in tomorrow just cancelled, so I'm out 5 days of revenue with almost zero hope of rebooking.While I'm all for people being responsible about their travel plans, I'm not all for hosts getting hosed - if AirBNB wants to play travel insurer, they should do it with their money, not mine.This is one of many reasons I'm glad my STRs have fat margins, because if this goes on for long there's going to be belt-tightening happening!

I definitely have some renters still paying now because they are receiving the fat unemployment checks.

Some day they’ll create more cash flow but with over 30% CoC gains in large part due to Californians wanting to be Idahoans, I’m fat and happy, laughing at the guys hung up on pulling in $100 / door.

Continue pressing forward because there is a rainbow on the other side with a fat pot of gold aka your money.