Is a successful short-term vacation rental - Cub House in Wawona, inside of Yosemite National Park What made you interested in investing in this type of deal?

The issue with using comps on any type of software, especially propstream or dealmachine is that they tend to use an "estimated value" of the homes that they are using for comps, not actually comparing to what has sold recently in the area or what is currently listed, not accounting for DOM (day on market) or other market shifts that play into realistic valuation of a property.

The demand in our Branson market for what type of property guests are looking for has changed over the past few years. 

Meaning they go under the LLC or other entity type, this would take the loan off your DTI completely!

The art is to increase the rent without running off GOOD tenants (very important, if the tenants aren't ideal tenants then non-renewing becomes the default option).

What is the best type of financing in that situation? 

A good multifamily agent would have connections for these types of contractors so I would ask him/her for their advice. 

There are huge kickbacks with these types of promotions. 

What made you interested in investing in this type of deal?

Hi everyone, I'm trying to connect with anyone who has done these types of loans (Assumable Loans).