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36. Understanding Mortgage to Buy Short Term Rentals in Today's Market
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In this episode, I welcome Parker Borofsky, one of the top short-term rental lenders and an investor with an impressive portfolio, including a peacock farm.
Parker shares her journey into short-term rental investment and lending, discussing the nuances of mortgage lending, the impact of COVID-19 on the real estate market, and insights into current mortgage rates.
With Parker’s expertise in the STR lending industry, she provides a deep dive into the mortgage process, offering listeners a glimpse into the short term rental financing. Additionally, Parker and Michael explore the current market trends and how to structure investment strategies.
00:00 Introduction to Parker Borofsky
07:13 Short Term Rental Mortgage Lending Process
04:04 Impact of COVID-19 on Real Estate
14:32 Understanding Mortgage Rates
28:15 Short-term Rental Market Trends
31:50 Advice for STR Investors
Follow Parker Borofsky on Instagram https://www.instagram.com/parkerborofsky
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- Apple Podcast: https://podcasts.apple.com/us/podcast/str-like-the-best/id1675408369
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