With conventional mortgage rates hovering around 7% for 30 years… cash flow basically happens at 6.5% cap rate and above.

All of the sellers willing to finance seem to be looking for around 5 year terms with interest rates above 5%.

Just like most markets in America, STRs are returning to pre-Covid occupancy rates and most people have no experience what that looks like because they entered STR investing during and since COVID.

It will depend on interest rates. 

Fill up the lower marginal tax rates with Roth conversion income.

I check the SEC, FINRA, ratings websites for inside information on the principals in the company.

Running your numbers based off a short term rental or medium term rental rate is going to get you in trouble.

Cap Rates are low in this space, but it makes sense for a lot of people who have a huge tax burden.

I would either want 25% down payment or the rate would need to be 9-12%.

I want to keep the property longterm since its a good rental and the interest rates unbeatable but I want to pull by 10K downpayment as well as renovation budget out of the property.Has anyone ever had any sucess refinancing a portion of the home while still keeping seller financing in place?