You may hear folks also say the phrase “no landing,” referring to the Federal Reserve being able to avoid a recession but inflation remains.

For example, Clarksville, TN (outside of Fort Campbell military base) could be a great option.

It may impact the loan and will require you to pay transfer taxes based on the assessed value, deed prep and some additional accounting fees to address basis.

based on my calculations, I've decided on term life, 20 years, 2 million.   

Has anyone used Patch of Land for funding ?

Even if you are actively operating as an STR the lender will look to tax returns for income, so if it has been less than a year they will still go on LTR income.You need to factor in that your lender is going to underwrite any loan based on LTR income only. 

In a situation like that I think you are doing the correct thing in billing back the tenant because the utility is based on usage and not a flat fee that you can bake into the rent price.

Also, based on the need for capital, will you be operating the deal based on your experience?

Based on the information you gave, no one can give a decent price, but sure $100k might cover all that....

I have multiple sales closing next month, but have a situation where Im cash strapped and personally need $5k for less than $30 days.Does anyone do these type of loans not based on credit and fund fast?