Quote from @Jesse Turner: Feel free to DM me about the AirDNA questions :) I'm looking for a community bank or portfolio lender who can offer a vacation home loan with a 10% down payment.

We cant seem to get a conventional loan on just one income. 

I am 99% confident that the loan was not fully paid off. 

Also is he referring to consumer debt (credit cards, payday loans etc..).

Has anyone closed these new 40 year DSCR cash out loans I see advertised as fixed rate options? 

You will need to refinance with a commercial loan, usually with higher points and more down if you don't have enough equity.The main reason to use a LLC is to protect the asset from lawsuits.

You are not taxed when you are taking out a loan. 

I understand the concept of hard money loans, but I'm currently navigating the process of applying for one myself.

-Will be open for us to extend our inspection periodThe counteroffer sounds attractive since he's offering to pay for most of the repairs, even for an engineer to properly inspect the foundation.

Analyze the possibility of property slicing in Nashville, scrutinize neighboring markets, and explore financing alternatives like FHA loans.