What are you looking to achieve in the short, mid, long term?

We currently own/manage properties across a few states including Hawaii so we aren't new to managing short term/mid term rentals.

@Yamil NafRaising $160,000 for your short-term rental (STR) venture is a great goal, and there are several ways to structure the deal to minimize your upfront costs while attracting investors.

Trying to figure out whether is it worth transitioning my 2br 1ba 1100 sqft unit to midterm rental from long term rental in Renton WA?

The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.

Hi all,I am looking in that area as well.

You haven't told us anything about what you plan to do after purchasing the property, so it's not clear how important interest rate is in the long run. 

We estimate the project will take less than 3 months to complete.I’m exploring alternative short-term financing solutions and would appreciate any advice or recommendations on options that might work well for this type of project.Thank you in advance for your insights and assistance!

Purchase price: $170,000 Cash invested: $30,000 This is an international short-term rental property on a Greek isle.

However, very glad that we pivoted to mid-term rental approach around $4,500 to $5,000 that has helped address vacancy.