As you know, as part of the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!
Ian Cook of CarpeDiem MD discusses how to finance your short-term rental property. He suggests 10% down, and goes over conforming versus non-conforming loans. He details Freddie Mac and Fannie Mae second home eligibility requirements as well. There’s a lot of good information in this post that will help you learn more about financing in general, and especially when it comes to second home-buying.
Daniel Shin of the Darwinian Doctor gives an update on his luxury cabin short-term rental property in Broken Bow, Oklahoma. This was purchased in March 2022. There’s both good and bad news in this update… Check it out!
Well, it’s that time of year again… if you know, you know. It’s the beginning of intern year for thousands of residents all over the country! Not only can this be incredibly stressful school-wise (as a lot of us already know), the financial aspect of it is extremely stressful as well. That being said, here are 7 steps to survive intern year financially.