I don't know who said it originally, but credit to them (Hormozi maybe?)

Originally posted by @Steve Hall:@Grant RothenburgerWhy would you risk your own reputation by claiming that Scott is "responsive and nice" when:You've never even spoken to Scott Smith!

-I know the panhandle well in terms of STRs.

Considering Hawaii both for short term rentals (likely on the Big Island, in Kona; and/or Miami) and long-term multifamily in Honolulu, one unit I might live in.

Do you emphasize long-term holding of property or quick-turn buying/selling?

Really my question is, what’s a long term structure that makes sense for both sides?

I am looking for some help getting a liability agreement set up for my new short term rental.

The key is that they are lending their own money, not just originating loans for Fannie and Hedge Funds  like the big banks do.First Western Federal Savings in SDNorth American Savings Bank in MOTitan Bank in TX

If you elect not to proceed you can pass your seller my number.Because of the thin economics in the beginning I would tell him you agree to the 20 year term but want the loan amortized over 30 or 40 years.

Be sure to thoroughly review the contract to ensure you understand all the terms.