Your handiness and experience will get you a long way as it already has, being a partner in 2 deals at this age.

Now, I have a portfolio of Short Term Rentals and Long Term Rentals.

Or, buying a Duplex and renting one side out then renting the other rooms out in the side I would live in.I have spoken with two lenders and both have given me pre-approval letters for up to 270k purchase price, with 15k down payment, conventional fixed rate loan, 30 year term.

Read "Long-Distance Real Estate Investing" by David Greene and watch videos from Dave Meyer to learn about the hottest markets in 2024.

Hey all, this post is for anyone with some open weekdays who is also looking for better/updated photography for their short term rental (also some bonus tips on partner cross-marketing).Partner with influencers (find them on FB and Instagram or I can help you find a few) by offering them a stay during the quieter mid-week time in exchange for professional content and posts from them.

Now it's stable, and time to take out the hard money with long term institutional debt.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

Prepayment penalties- usually 1-5 year terms.

In terms of your financing question, the majority of loans we do are in that $1m to $5m range, so that's not an issue at all (fake numbers wasting everyone's time would of course be an issue, but let's stipulate that it's solved).

But I did'nt care about how long it would take bc I was living the house.