We may be open to short term financing and then refinancing out later, but we wouldn't want to pay some ridiculous interest rate, or have the loan be for too short of a time frame in order to do so.

I'd be willing to bet they aren't getting reimbursed for the ridiculous $1,500 they spent on a fridge.

@Sam Moher investing in Kentucky, Lexington area specifically while living in the ridiculously expensive state of California, yes

I think loan sharks have better terms.He explained that by law the bank can't refuse to do these loans, but because they are not very profitable for the bank they set such extremely ridiculous terms that nobody in their right mind would do it.I even explained to my banker that by him making me put the 15% down was triggering this issue.

Having to pay title insurance when you buy a home, and then 6 months later after we flip it always seemed so ridiculous to me.Is there a market for my buddy to charge reasonable rates in Cook County?

That being said the courts are ridiculous and I am guessing one day someone will sue me.

They're grinding away for their next paycheck, grinding away for their next one-week $5,700 family vacation to Disney World (that is the actual average cost), living in ridiculously oversized houses with multiple shiny new cars, practically nothing in savings, lucky if they're putting away the pitiful employee match amounts on their retirement accounts.

That sounds ridiculous of course, so why is the idea of regulating STR considered so crazy? 

All of these post are completely ridiculous!!!

Hopefully they paid the same ridiculous prices they pilfer from the people they guru to.