I’ve been looking to purchase another property as a rental to hold onto long-term.

Notify your mortgage lender and insurance company of the transfer of ownership to update financing and insurance coverage.

FYI we are utilizing Short Term Shop in the process, so far the team has been great!

I am looking to invest out-of-state as a long-term, buy and hold investor in the lower cost, higher cash-flowing markets of the midwest and southeastern US.

Use the one that has the better rates, terms, service for your particular deal. 

Current hot water heater is 21 years old in a 2 bed/1bath SFH that is being flipped into a Mid-term rental unit.

You could possibly do a bridge loan, maybe a 6-12 month term to pull some of the equity and rehab, then sell or refi if you plan to hold.

It is the central brain for our whole Short Term Rental Biz.- How did you find this app, and how has it helped you with your business?

I believe that this strategy not only offers lucrative short-term gains but also provides valuable experience in the real estate market.Additionally, I am enthusiastic about acquiring rental properties as part of a portfolio.

It isn’t always the case.Our team will need direction from time to time especially when unexpected expenses come up.Over the years we have witnessed many investors with magical expectations of making millions within a year (My name isn’t David Copperfield) and that just isn’t the case).If you aren’t willing to buy multiple properties and hold them long term, you will mostly likely loose money.I’ll repeat that for everyone :)If you aren’t willing to buy multiple properties and hold long them term, you will mostly likely loose money.