Mostly from a home equity line of credit.

As the market evolves we've intensified our commitment to helping investors focus only on listings that are eligible for vacation rental usages and either; have exceptional existing production or high potential for rental performance.

. • Grow your reputation.The Bottom Line: Real estate isn’t just about houses; it’s about PEOPLE.

Most banks won't want to come in with a line of credit that is second lien on the property.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

You can get REPS status regardless of how you handle depreciation.Straight Line Depreciation - This is taken 27.5 years on residential and 39 for commercial.Accelerated Depreciation - This requires a cost segregation analysis so you can divide the total value of the building into 5, 7, 15, and 27.5 (or 39) year depreciation buckets.  

It’s important to note that not all bank institutions offer this product.

Along those lines, if the owner gives you a very FIRM "NO" when you present your proposal to rent their home for the purposes of doing STR (short-term rental).   

These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.

It is a matter of how bottom-line-oriented they are and knowing how to file insurance claims.