The processing time for a Davidson County, TN Owner-Occupied STR permit application can vary depending on several factors, including the completeness and accuracy of the application, the volume of applications received, and the workload of the permit office.According to the Metro Nashville Planning Department, the average processing time for Owner-Occupied STR permit applications is currently 4-6 weeks.

I have a rental portfolio of 15 properties and a primary residence on a mortgage. 4 of which are in Indiana and plan on selling those this year. 6 single family homes in Pa in the same area and 2 duplexes (2 units each) .

I plan on continuing house hacking hopefully once a year.

When do you plan to buy?

-How to set a strategic marketing plan for motivated sellers which includes direct mail secrets, internet marketing and bandit sign marketing.

Could we plan for around 6:30 on Friday the 12th??

And this is on top of the Government’s announced plans earlier this year to boost spending and demand for homes.

I planned to develop another home in the back half but a contractor inquired about renting the lot for their construction trailer so I’m pausing my development. 

Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.

The new mortgage on the new $340k duplex home which is an FHA loan is going to be a monthly payment of $2800 and we will refi ASAP (the current rate is 6.7%) when rates go down.We have done some nice improvements on the SFR and will be refinishing the wood floors before a renter moves in (July 1) so feeling like it's a great opportunity for the right long term renter and we plan to screen prospective tenants well.We are taking a $20k HELOC on the SFR for the downpayment and plan to pay that off within 12-18 months.