I'm wondering if the same lenders who financing STR's would consider Padspits.You may want to check this, but I would imagine that renting via Padsplit would be considered as a STR which have been highly restricted in the city of New Orleans, and the only way you can get a permit recently is to also live in the property.

Purchase price: $101,000 Cash invested: $120,000 This is my first investment property and I’m hoping it goes well What made you interested in investing in this type of deal?

I was curious to hear how some of you have found investors for your properties? 

But my dad says real estate is too risky and if I can't meet his expectations on being frugal or working the job, he'll send me to college!

Congrats on getting started on your investing journey, let me know if you have any questions regarding financing for investment properties!

I house hack in Denver, Colorado and I airbnb my property.

Hi BP friends, I usually use PropertyShark to examine and compare properties for my analysis.  

This has been super helpful for showing clients different possibilities for a property.

I highly recommend you look for a property manager.

You can put a little as 5% down payment for conventional or 3.5% for FHA.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.