You typically need up to two years of stable employment before a bank will loan to you.

What really matters is how long you think you will have this loan. 

typically (as you probably know) you buy something distressed, with either cash or hard money, you fix it up, and then you refinance into long term debt. 

BRRRR: Rehab, rent, and refinance to pull out equity while maintaining long-term cash flow.Flip: Sell post-renovation at ARV for a profitable exit.Rental: Convert into a long-term rental or explore short-term rental potential for higher cash flow.I’m currently evaluating the best approach and open to insights from investors experienced in commercial conversions, BRRRR, and Tulsa’s local market.

The Rise of Co-Living: As Airbnb Faces Restrictions, New Housing Models Win in Court 🏡⚖️Across the country, cities are tightening regulations on Airbnb and short-term rentals, making it harder for property owners to operate legally.

Of the conversations I have had with people discussing hard money lending, some seemed opinionated in that the high interest rates and terms were enough to scare them off.

I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.

Purchase price: $530,000 Cash invested: $100,000 My journey into short-term rentals began after years of investing in long-term properties, but it was a podcast that opened my eyes to the incredible potential returns of STRs.

You should have a chat with your accountant, if you had a loan on the property, you may need to buy a property for more than the cash you received to defer 100% of the gain.Best of luck

If you would like to hold the property for longer, that is fine as well, just note that your loan payment will be done after 20 years.