Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.

It doesn't take that long. 

I was last getting terms around 5-6% for the first 5 years, then floating with prime, 20 year term. 

How long for your spouse or partner?  

Let’s break it down:Loan: $300,000Base Rate: 8% (P&I: $2,201)Buydown: 1 point ($3,000) lowers rate to 7.75% (P&I: $2,145)Monthly Savings: $56Break-even: ~54 monthsHolding long-term?

The strategies I'm most interested in are Flips, BRRRRs, small multifamily as well as short/medium term rentals.

I have STR, MTR, and Long term rentals.

Check out this reply when I asked him how long he spent closing his own loan.

While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.

Hello All, I took another look at their website and was trying to understand the difference between the individual Notes and the Funds.Am I correct in my thinking that ONLY Accredited Investors can do the Note Funds, while Individuals can do the individual notes?