Anaheim is a great location if you can get a short term rental permit

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.

Since you acquired it so recently from when you will close on the loan (in your case 1 day), certain HML lenders will treat this as a purchase rather than a refinance which offers better terms, more leverage, etc. 

As long as I do the 1031 properly (intermediary and all) and don't touch the sale proceeds, nothing changes from the interest tracing perspective? 

My estimate would be that in a house hack you would be slightly better terms on the loan.

Also make sure your contract allows for obtaining financing after the initial seller financing term.

My passion lies in real estate development, particularly in the realms of short-term rentals (STR) and long-term rentals (LTR).

My name is Chuck and I’ve been thinking about real estate investing for a long time and now ready to take the plunge.

Leveraging his local market expertise, we swiftly negotiated the purchase at $190,000, securing the property under favorable terms that allowed us to capitalize on the quick resale potential.

@Craig JonesMight find a hard money lender for a short term but it’s gonna be really expensive