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All Forum Posts by: Alexis King

Alexis King has started 1 posts and replied 13 times.

Post: Outer Banks North Carolina

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

My husband and I are looking to purchase a property in OBX early next year. I would love to keep in touch until then. Looking for a 3-4 bedroom when the time comes. We have visited but are not very familiar with the area so we would need someone knowledgeable to kind guide us a little. I really enjoyed reading this thread! Lots of great information :)

Post: SHORT TERM RENTAL/ AIRBNB

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

@Susan Henry I did :) Thank you! Great information!

@Clint Harris how awesome! My husband and I wish to expand (we Airbnb our guest room now) and buy our first STR home in 2022. If you have time please PM me.

Post: SHORT TERM RENTAL/ AIRBNB

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

@Neil Henderson So, how do I go about finding areas with very established short term rental ecosystem? & also thank you for the tips for possible loans :)

Post: SHORT TERM RENTAL/ AIRBNB

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

@Ken Latchers Oh okay! Thank you for the great info! I love to learn- In researching I came upon this website! My husband and I just did a Interest Rate Reduction Refinancing Loan or IRRRL to our home this year! How cool- gotta love loopholes!



http://www.vanewsblog.com/can-a-va-borrower-rent-out-the-home-purchased-with-a-va-mortgage/

Post: SHORT TERM RENTAL/ AIRBNB

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

@Ken Latchers So is FHA the same as VA?

Post: SHORT TERM RENTAL/ AIRBNB

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

@Stephanie P. Thank you! The great thing about the VA loan is we can use it as many times as we want up to a certain dollar amount but I see what you're saying. We were thinking of doing a duplex but we don't want to live in either part of the duplex. We were not planning on using our VA for STR, we will have enough saved for a down payment for the investment property. Thank you for the great advice

Post: SHORT TERM RENTAL/ AIRBNB

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

@Ken Latchers I have never heard of that rule before...Is that in every city? Where are you getting that info from?

Post: SHORT TERM RENTAL/ AIRBNB

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

@John Underwood 1 year! Thanks for your time

Post: SHORT TERM RENTAL/ AIRBNB

Alexis KingPosted
  • Norfolk, VA
  • Posts 13
  • Votes 3

@John Underwood Thanks for the response! Any hacks on VA home loan since my husband and I both have it?

@Ken Latchers makes sense! Thank you

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