Purchased for $185k and fully renovated the home down to the drywall and installed an A/C, sprinklers and light landscaping for $25K.

30 yr fixed Vacation/2nd home loan with 10% down.

For example, say the investor is requesting funds for a rehab draw and they utilized a GAP loan. 

Yes, nonrecourse loans can be paid down on an accelerated schedule.

You might try and look locally for portfolio loan or DSCR loan.

I'm currently a buy and hold investor (utilizing various househacks), but I'm hoping to get into the STR space end of this year/early next year.In terms of your financing options, here are some things that come to mind (albeit may or may not apply to your situation):- Utilize second-home loan option (10% downpayment) if the property qualifies- Utilize a small local bank to see what loan options they may offer (perhaps some may have experience lending on STR?

If you have a mortgage on those properties, you will likely need to refinance these to avoid triggering a "due on sale clause" when you move these into an LLC with conventional loans.

One way you could leverage a Solo 401k is by taking a personal loan from it.

Considering adding a hot tub to my Poconos short-term rental property and wanted to get your thoughts on a few things:1.Patio vs. basement installation for the hot tub?

Any information/advice is appreciated and also how to properly set up our company, how to eventually scale our portfolio and looking to learn more about funding and DSCR loan.