All Forum Posts by: Andrew Etzweiler

We’re about to move into a 3 bed 2 bath house in White Salmon WA. We’re mainly considering two different strategies:

1.) build a detached ADU. Rent it out long term (60 days or more). Live in the house. Rent the house long term when we move out in a year or two.

2.) section off 2 bedrooms plus 1 bathroom of the main house (separate entrance) and rent out short term. Then rent out the rest of the house short term when we move out in a year or two.

building an ADU triggers a "no short term rental on the property" clause. So, ADU + short term rental isn't an option.

Which one would you go with for maximizing net operating income?

Does anyone know of specific lenders that offer 50 year mortgages?

I keep reading that they exist but people who write about them don’t actually name a lender that you can find them at.

I’d like to find a way to set up 100% commercial financing through financing from big businesses/government. Not something so personal as using someone specific’s money aka private funding, fund raising. Does this setup work?

Fha223(f)

down payment covered by SBA 7a 

Remainder down covered by a personal loan