With the STR strategy you potentially go with the 10% down second home occupancy loan that comes with a lower interest rate

However, I have seen some weird listings on this site and it also does not have the best reviews.

So we will go from a record low unemployment rate of 3.8% to a probably never seen before high.We always say housing is a basic need and therefore we will always have a viable business model.

I’ve heard on podcasts that developing a depository relationship with small local banks could result in more favorable interest rates and more flexible loan products after some time with the bank. 

I specialize in investors & also self manage my own portfolio of rentals and it does really well, this experience helps me connect you to the absolute best property manager in Memphis since I know how its done.

We have been one of the top rated Airbnbs on our island since we listed in 2018 and have grown that success to include co-hosting for other buyers.

All the best!

I bought the house 1 year ago, so best case scenario I have $900 saved for this time bomb.

Reason being for it is that insurance companies are getting tighter and tighter, and having a claim on your home can prevent you from getting further policies in the future and subject to much higher rates. 

I take a fairly personal approach and like to build a relationship with my borrowers, but the fees aren't ridiculous and the interest rates are reasonable 😊 reach out if you want to discuss.