This debt type would throw economic projections for economists and increase the risk of lending for lenders.Phantom Debt is created when a consumer chooses the Buy Now Pay Later (payment plan) option when making online purchases.These types of payments are not currently reported to any credit agencies as debt which is why they have been given the term "phantom."

Then what timeframe is the most vital to you, short term/mid term/long term? 

We are putting everything we have into trying to get the best financing terms possible.Okay, we already talked about Loan-to-value (LTV), which is a way for lenders to figure out how risky a loan is.

That can be both a positive or a negative depending on the opportunity cost of the monthly fee and % of commission they take on every sale vs the opportunity and tools that are given to you.On the other hand smaller local shops can be more flexible when it comes to the terms of full time sales agents vs part time agents.

Pete for STRs.City of Anna MariaThe City of Anna Maria does allow short-term rentals; however, there are rules and requirements.

You wouldn't use hard money for long term financing, and you shouldn't use a Heloc for this either.

The support from the RTR team has been invaluable.Looking ahead, I'm eager to explore creative opportunities in real estate, particularly with the unique mid-term rental options in San Antonio.

A simple Google Search will uncover these facts.BTW, I am not looking to do commercial real estate.

Lately, we’ve found a couple large national HML’s that have good terms, very deep pockets but won’t allow 2nd position loans.  

Im here in Southern California, I wanna know how the market is here in terms of BRRR's and mid-long term rentals.