- Are there other lenders you’d recommend for refinancing rental properties that might have a smoother process or better terms?

In that part of Texas the wind deductible's are all moving to a percent of the dwelling coverage.

I don't use padsplit (weekly rentals); I rent on long-term leases in B Class neighborhoods.

As always, read ALL the terms before you sit to close.

With your primary residence, things can be pretty straight forward in terms of splitting mortgage interest, real estate taxes etc. on your returns.If you go into a rental property, there are a lot of considerations to think about.

Hard money loans can be an option, but they often come with high-interest rates and short repayment terms.

It's also rare you buy these properties with 20-25% and have NOTHING you need to address almost immediately in terms of repairs or capex. 

Borrowers should always shop around, especially in the hard money space where it is so easy to quickly get preliminary terms over the phone.

As the new property manager, you have the authority to enforce its terms.

Projected sale: 950-990k Replacement property budget: 990k - 1.1M Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental