I have 2 LT rentals, one short term rental & my personal property-has a good bit of equity. (4 properties total) 800+ credit score & good income.I’m looking to get in the commercial space but I’m tired of putting down 20% cash every time I find an opportunity.

Short term rental with cost seg study/ accelerated depreciation to offset W2 income.

@John McKeeYou would need to get permission from the bank originating the new loan.

That included rehab pros in the US and people who normally love rehabbing.Personally, I'd never rent anything long term.

One bed+bath upstairs, two beds + one bath in a finished basement.Fast forward 5 years (after the long term tenant of 4 years left) and I get a report that the basement has been ruined from water intrusion, requiring the entire basement to be gutted and re-finished.

Freddie & Fannie small balance loans range from 5-30 year loan term.

I used to rent by the room in UCF area, but long term rentals are less work. 

My intent is to convert my primary into a long term rental.

A DSCR loan or HELOC for purchasing another mid-term rental?

If you know it's a long-term rental, you want it to be rent-ready and more durable, less extravagant, especially in a town of 4,000.