(Loan to Cost) Can you find a private guy to lend you high LTV for short term?

We will be looking for better lending terms and will move faster.

It does not show any license form for long term rentals.

Hey @Clayton Jeanette, I'd shop around, there are very widely varying terms in HELOCs since they are usually held in house by banks.

Keep digging for the best terms...do put good relationships ahead of strangers...and the further you go, the better you'll do. 

If you're the type of investor to leave lucrative vacation rental investment to luck, then this post is not for you..It is intended for those that are looking for a fool proof strategy and tips to finding, assessing and buying an STR in the mid to near term. 1.

J Gerard - Is this a long-term or short-term rental?

You want to either read your closing disclosures because it will state if you "Can" or "Cannot" switch the title vesting to an LLC.If you want to transition your primary into an investment property I would recommend using a Portfolio or DSCR program by doing a simple refinance either cash out or simple rate and term for intended use.

So my question is do I sell and take a loss of 35-40k, try to long term rent at around $2000/ month and pray for appreciation?

Or are there any key terms/phrases I can research?