No good appraisal means no one is getting a loan.

My options usually include the all cash/quick close to flip myself, listing it (as an agent) but also offering the seller to do a JV flip together, I could wholesale it, offer to buy it myself for a BRRRR or other long term personal investment, etc. 

However, if the new month to month leases change any terms of the existing oral agreement (utility switch, rent increase, etc.), the tenants will need appropriate notice of the change in terms before they can be asked to sign new leases. 

I’ve heard about VA loans for veterans.

I think they call that a long term rental. :)Seriously, it will be treated like a LTR.

Lender Fees $1,640.00Discount Points $4,680.00Appraisal Fees $825.00Credit Report Fee $25.00Tax Service $68.00Credit Technology and Verification Fee $75.00Title Fees $836.50Owner's Title Insurance $513.00Lender's Title Insurance $2,507.00Transfer Taxes $9,626.00Recording Fees $519.50Total Closing Costs $21,315.00Prepaid Interest 2 days @ $87.53 /day $175.061 year Insurance Premium $1,500.00Property Taxes $3,632.04Insurance Escrow Reserves 2 months @ $125.00 /month $250.00Tax Escrow Reserves 2 months @ $302.67 /month $605.34Total Loan Prepaids $6,162.44Down Payment $90,000.00Total Estimated Due at Closing $117,477.44Loan ProgramPurchase Price $450,000.00Total Loan Amount $360,000.00Interest Rate 8.875%APR 8.337%Product Indigo Edge NonQM 30 Yr FixedYour Monthly housing breakdownPrincipal & Interest: $2,864.32Insurance: $125.00Taxes: $302.67TOTAL $3,291.99

Then he reaches out to that company to get them to book his MTM.Would a long term rental cover your costs until travel recovers in a year or two?

Now the down payment from the homestead buyer wouldn’t cover a PMP’s loan.

How could i get this money without a loan because i still study at university.

I have picked up a curiosity and even passion for short-term rentals and hope to own my own STR property in the area of the University I am attending.