Current lease term (expiration date, month-to-month)7.

HELOC can be great but usually it's used for short term because of higher interest rate.

When you can close on a home sale in a short period of time those 2% and 3% checks pile up cash fast. 

A New Hampshire Supreme Court ruling last week prevents municipalities from restricting short-term rentals in the state, so this should be a "safe" place to pursue STRs. 

The Deloitte survey revealed the average family office principal age at 68 and 4/10 will endure a succession process within the next ten years. 

A delay in closing is not only inconvenient, it may increase the cost of the loan.Understand the Terms of the Loan: Carefully review your loan documents, including the closing statement, before you close on the loan.

Putting it as a long term rental will not give me any cashflow, I can probably rent it out for $1500 max and my mortgage payment is around $2381/month. 

Traditionally, I've adhered to the 20% or higher down payment rule to secure better mortgage terms and avoid Private Mortgage Insurance (PMI).

I am fine for long term growth and don't mind working for the next 20-30 years to build a sustainable portfolio with no mortages on them as the end game plan.What would you do? 

Anyone have short term rentals in Grenada?