For example, I had a client who converted a student property in a college town to a traditional rental, but the key was that the asset wasn’t performing well.

Let’s discuss the hidden costs and potential pitfalls of traditional financing methods that many investors overlook.

While long-term rentals are still an option, I’m noticing that many investors are shifting towards STRs to boost their net profit.Here’s where I stand:VA Loan for leverage: I’ve found some great properties that could allow me to house-hack or set up a traditional rental.

When do you prefer using private money over traditional bank loans for real estate?

I don’t know about the Louisville market, but if you have to pay a bit more for the property than a traditional single family, it should be outweighed by the fact you will have a tenant paying hopefully well over half of the mortgage. 

Having been heavily in short term rentals for a while, I've found this to be about as much work up front, but we don't have to furnish, we don't have the management nightmares that STRs bring, we make as much or more cash flow, and we handle less maintenance than a traditional SFR.

Leveraging creative financing methods like hard money loans, private lending, or partnering with investors can also help you secure deals when traditional financing is delayed or limited.

Weigh out the Pro's and Con's between Traditional, Portfolio, and Non/QM like DSCR. 

traditional How did you add value to the deal?

Traditional lenders in this industry won't fund you on a purchase of a SFH that has leases for rooms and the building will need to be in your LLC name which means a primary bank won't lend you either cause of that and cause of your employment status.You have a real chance to start.