The seller then assumes the first lien position as the mortgage holder, allowing you to negotiate the interest rates, terms, and payments creatively.

Hi Everyone,I'm looking into purchasing a short term rental in South Lake Tahoe.

I feel like I have some value to give to a potential partner in terms of hustle and seeing some properties in my market that would be good brrrrs or flips.

You may also be required to show credit history in your country of origin for favorable terms/higher than 65% LTV.

We cant agree on a price or terms yet. 

As you gain experience, you'll have time to think about long-term goals and develop a plan to get you where you want to go.

As is price point.. this will give you a better long term outcome.if you buy way under median your getting into renter dominated neighborhoods and schools for sure will be bottom ranked.. instead of going East have you considered Vegas.. lowest prop tax's basically in the country. no big weather issues  desert landscape super simple to take care of.. and Stucco homes with tile roofs no big thunder and wind storms to ruin roofs etc etc.. you can buy nice rental house there is a solid B location for about 300k. just worth checking out if you never have..

Being a long term rental investor, I was curious what your minimum investment criteria are in mid-2024.  

Partnering with experienced investors can provide valuable insights.5.Creative Financing:Explore creative financing options like seller financing or private lenders to secure better terms.6.Rent by the Bedroom:In high-demand areas, renting by the bedroom can boost your rental income significantly.7.Local Market Analysis:Stay updated on local market trends and network with other investors for insights and opportunities.Always analyze potential investments thoroughly and run detailed cash flow projections.

Most who  lean in the direction of taking ownership in their name do so because they may get slightly better terms on their financing for non owner occupied real estate which is not even the case if the individual is bankable with a half decent balance sheet.