I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).

If a deal doesn’t qualify, our coach personally explains why and offers guidance.

If the tenant makes sense, the rent is there, and it all works for the particular property, I'll go with S8.But I'm not the type to turn down a well qualified cash paying tenant simply because I only want S8.

While reading these discussions, notice whether people who share their opinions are qualified to do so.

Was not able to rent it and selling was a challenge as high interest rates reduced the number of qualified buyers.

Because I’m still building my portfolio of rentals, I have them in one LLC because it makes qualifying for loans easier.

We have newbies and very seasoned investors in the group and the sole purpose is to help people with their properties, whether that is sourcing & qualifying markets, set up, trouble shooting or building a network of go-to resources.

I'm wondering if I can qualify by using just 1 or 2 bookings (under 7 days of course) for the year.

Get pre-qualified for a loan and look for a multi-family to purchase instead of a single-family. 4.

Hi Jim, if the property isn't being used as a STR currently, certain DSCR lenders can use data like AirDNA to qualify for financing.