Guessing you used an uninsured, cheap handyman?

😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

The worst part is somehow these big names companies are above the regulation (Well, I guess the regulation was there at the beginning because these companies lobbied the hack out the government) and they can run STR where other hosts can't run. 

If not, I'm guessing it would be treated as a traditional rental loan, either conventional or DSCR, using market rents rather than the rent in the lease agreement.

I usually spend about 10-12 hours on my taxes, if I had to take a guess.

My GUESS is these homeowners have been tricked/screwed in to signing a long term power purchase agreement, often with no buy out provision.

& how you become financially free is by letting whoever your renting to (I'm guessing that was a step also?)

Most likely because the residential market is a $12T market and my guess the amount loans sold via UPB on subto is less than $100M a year.

He's not worth the thought process/second guessing your putting yourself through. 

Read some other comments - I guess it is technically a cash out refi, but you're paying off a line of credit as opposed to putting the cash in your pocket which is what I typically think of when there is a 'cash out refi'.