Hi all,I had purchased a long term rental in 2022 with myself and spouse as the original owners.

GFH is just like a lower version with fewer features that are not sufficient to automate a Short-term rental business.You can also consider using Ownerrez, I'm not trying to run an ad for them right now but Ownerrez is a great PMS, and it has seamless integrations with different rental channels.

Your attorneys will iron out the contract terms.

I would say others are paying even more too much but some of the units I have made offers on have not sold so it is also owners having not come to terms with the impact of the current rates.  

Been looking in Ohio, Florida, and Philly.A SFH to keep as a long term rental? 

I’m under contract to buy a short term rental at the beach, but just found out the seller cancelled all of the reservations before closing.

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Cash out refinance: Hoping to get 70% LTV from current strip mall commercial property. 1 unit owner occupied. 30 year term.

You don;t come to success with your terms and bend it into working for you.It is the exact other way around.

Long term I do see this property being a great asset so we don't want to sell necessarily.