The homeowners of ours that are still winning in this environment are owners of larger, higher-end homes (homes that accommodate 12 or more guests). 

Borrowing money going into a rate reduction environment kinda freaks me out. 

@Michael Penny so we refinanced I think in late 2021, so it was a very different environment.

Hopefully the Sponsor is being very conservative in their returns and this isn't just a tight spread offering in a macro MF environment that is looking precarious. 

Tried to go with Fire and Personal Liability (removing Wind and Hail) to reduce cost but haven't found any offerings.I wonder if other landlords/investors have some good strategies to tackle this challenging environment.

Hello Cheryl, purchasing a vacation home in downtown Seattle, particularly in the Belltown area, can be a compelling investment due to its vibrant urban environment, proximity to major attractions, and scenic waterfront views.

google all inclusive deed of trust CA and then read that document.. this is how you set it up.gives you standing to foreclose.. really depends on what state your in and the foreclosure time lines.. if the buyer defaults you have to continue to make the payments on your mortgage I would never let anyone else pay a mortgage that my credit is on.. thats why the AITD or also called a Wrap is how you do these..

This isn't inclusive but should give you a good start.

. :)Yea it can be difficult right now with the rate environment.   

Not sure of the rate in the current environment.