I need advice on a loan

[Stephen Vanderhoof]

I currently own a property, and I am going to take a loan out on it. I want to invest in short-term rentals, and I'm unsure if I should borrow as much money as they'll let me and use the extra cash as a down payment on a short-term rental. Does anyone have any advice on how I should approach this? ( I am just getting started)

[Robin Simon]

I would say it depends a lot on personal factors and especially the seasonality of the STR market you are looking at. If its a major city with year-round stability, then maxing leverage can be OK, but be very careful doing the same on a highly seasonal market that may have dry months