🔻 How to get a 2.5% interest rate in today's market! #shorts
Summary
This video explains how to potentially get a much lower interest rate (e.g. 2.5% vs 7.5%) by assuming the seller's existing government-backed loan (VA, FHA, USDA). While you still have to qualify for the loan, the potential savings over the loan's lifetime can be significant, but you must cover the difference between the outstanding loan balance and the home price.
More from Regulations & Compliance
This article from The Provincetown Independent discusses upcoming changes related to short-term rentals. It's not clear what those changes are yet. Hosts should be aware of shifting regulations. Stay informed to ensure compliance and understand potential impacts on their STR business.
British Columbia's Premier announced an upcoming decision on Kelowna's short-term rental exemption. This announcement signals a potential change in local regulations. Stay informed to understand how any changes impact your short-term rental business in Kelowna.
Victoria, Canada is considering a hotel tax for Airbnb and Vrbo rentals. This potential tax aims to generate revenue from short-term rentals, affecting host profitability. Hosts should monitor developments to understand the tax implications for their business and budget accordingly.
Curated by Learn STR by GoStudioM