My full-time career is also in IT (I own an IT Consulting & Web Hosting business).

Category 1 is a sub that regularly does jobs for other GCs and has a number of employees. 

will it work as a regular traditional mortgage?

It is the ability to provide our extended stay tenants with the exact terms they are seeking combined with the fun I have hosting STR guests that drives the decision.

If you are doing a value add, you can refinance into a regular investment loan which wouldn't need you to look for a "loophole"If you are trying to get the lowest possible rates, you are probably a little late.

I would say the best thing you could do is just stop in at the bank/credit union you regularly bank with (our regular credit union didn’t have the Absolute lowest rate but the convenience of having money available in the same institution made it worth it for us) - just walk in and say “I would like to talk to someone about a heloc”.

I allow 1 night stays, instant booking, my pricing isn't cheap or expensive, and have been a super host.

2pm Picasso’s on main st, or I could host in my office in st.

Diversification can potentially assist in a volatile economy, and we hope that the real estate investment opportunities hosted on our Platform continue to empower you to diversify your portfolio in a manner that best suits your financial needs.

With BRRRR, we´ve regularly replenished our HELOC so that we can continue investing.