Private Lending for STR Deals

[Kyle Flynn]

Hello All,

I am trying to put together a STR Deal in the North GA Area, and have found multiple deals that would cash net 12-18% Cash on Cash return year one. I have some capital to put into the deal myself, but unfortunately not enough to get into a deal on my own. Also, I have a solid network of people/vendors as well as property management experience.

The last couple of weeks I have racked my brain trying to figure out different ways of making the deal happen, personal loan, business line of credit, etc. Now I am trying to find a private lender that would be willing to lend towards a short term rental/airbnb/vrbo property. 

I have up to $20,000 to put towards my next deal, and am looking at properties ranging from 150-300K. On average after factoring furnishing, renovations, downpayment, etc I would need around 30-50K to get into my next deal depending on the property.

More than anything I want to get my next deal done within the next couple of months, and I could really use some insight or connections. 

Thank you!