I assume it is a typical LTR contract with an addendum to address the terms of the purchase.  

But as a short-term solution, playing the 0% credit card game can be an option, but from my experience, juggling from one to the next with no backup plan often ends in paying high interest in the long run.

How long does the process typically take and would current tenants need to move out for the installation to happen?

you can always do short term, might get more money that way but it will be a little more work with the clean ups. doesn’t hurt to try!

I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?

I do think it will weed out agents that are part time and not in it for the long haul 

It’s going to be short term rental spot. 

Hello Jennifer,For Seller Financing, you would write your offer just like you would with 3rd party financing.I would think that Florida Real Estate Commission has a Seller Finance Addendum to add to your contract, on the addendum you would fill out the terms you are proposing. 

Hi, I am looking to invest in Ohio, mainly in Columbus, and Cleveland, but recently Dayton, OH got my attention in terms of affordability. 

My advice would be to stay away from short-term rentals before you get some more experience.