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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- What Type Of Short-Term Rental Host Are You? QUIZ: https://www.strlikethebest.com/ytquiz

- Spotify Podcast: https://open.spotify.com/show/141mIvb8qq26JgRYpyoAOa?si=ea3dec9707d74da4

- Apple Podcast: https://podcasts.apple.com/us/podcast/str-like-the-best/id1675408369

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