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Updated over 2 years ago on . Most recent reply
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Most Popular Reply
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If the lender doesn't specialize in STR, don't use them. Many claim to be "able" to do them, but they don't really know how to do them well, or at all in many cases. Work with a mortgage broker who has these resources. There are several STR lenders that use AirDNA to determine rental income and base their DSCR numbers from. This means better terms and costs for you. Don't waste time with lenders who don't really know this space.
Cheers!
- Nick Belsky
- [email protected]
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Belsky Mortgage, LLC
14 Reviews
5.0 stars