Any tips are welcome.

Thanks in advance for any tips or advice you can share :)

Financing options do exist: hard money loans, renovation loans, and some traditional mortgages can be used on distressed properties if criteria are met.

Hello @Peter Mckernan, These tips are very helpful and will definitely use them on future listings.

Would love to find some seller financing as we would like to build our portfolio as quickly as we can."

I want to ensure I’m doing this the right way while keeping my finances organized and compliant with any regulations.

Happy to connect and share more tips!

👋I work with a lot of investors who are diving into short-term rentals, and I wanted to share a few tips I’ve picked up over the years that can really help maximize ROI.

Also for conventional financing, the DP can't be borrowed.

A deal this small wouldn’t make sense as a partnership unless the original intent was to scale and grow together assuming this deal works out.In regard to the financing, if you can’t get it on your own without someone else’s balance sheet and income then it would be very difficult to untangle that partnership since he’d be a personal guarantor right along side you.