Not to mention what is your opportunity cost on that? 

Hi @Frank Pyle,**I am not affiliated with any of the companies mentioned**To secure long-term financing for your Airbnb, look for DSCR lenders that accept pro forma income instead of requiring 12 months of rental history.

Many benefits to doing so. 2) If you are going to invest outside your area, the one thing I rarely see mentioned here is simply the "investment landscape".

Some local lenders familiar with Gainesville’s market (from what I’ve read in Bloomberg) like SunState Federal Credit Union and Ameris Bank have been mentioned favorably latley and might be a bit more flexible if they understand the repositioning story behind your property.

Like I mentioned in my previous post getting a PM who will actually manage your property properly will be very hard.

Not to mention you need to have some liquidity left over after the deal closes in order to qualify for a loan. 

So, coming back to the trap I mentioned in point 1 above, if I were those people, instead of providing content that's already available everywhere, I would focus on being the best possible real estate agent and then shamelessly advertise my services.

I watched the webinar and noted his mention of mid March.

Hi Jake, Thank you so much, I forgot about the 2 of the last 5 year rule, I'll look into all the options you mentioned.

Quote from @Jack Townsend: I heard David Greene mention a loan product that only requires a 10% down payment on the purchase price and 10% of the rehab budget.