@Jason Taken I was looking at different refinance calculators on my mortgage company website.

Worse case you can furnish it and put the property on Airbnb or peer space as a venue space or STR in between long term tenants.Using an agent or property management company to at least get it rented could really set you up properly.

Lenders, brokers and other investors can often connect you with someone who can guide you.

I worked for a nearly century-old trucking company, YELLOW FREIGHT, which closed in August 2023.

Points for the below range from 1.25% to 1.75%, inclusive of broker fee.

Therefore, it's imperative to conduct thorough due diligence when selecting a company to facilitate your financing.

"While we are in town do you mind if we go to Meijer, walmart, aldi's tractor supply company, the grain elevator..."

Without that you can be sued personally for any issue within it on your str.Its much harder for people to pierce the corporate vail and sue you personally if your property is owned and managed in a LLC .Financing is one of the only drawbacks as it is a commercial process and banks usually like to see 3 years of a decent tax return.We have 19 properties and all are in an LLC and in fact we only hold 2-4 properties in each LLC (all are owned by one parent company and done in one flow through parent company)to even further shield the liability that may/can occur on a property.There is no doubt you are exposed to higher risk on many fronts if an investment property is held personally.

I'm a "managing broker" and could add agents if I wanted to.

Similar product but lower down payment.Is this the company you're referring to?