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Updated about 19 hours ago,
85% LTV Loan for one property with 3 STRs in Texas
I'm interested in purchasing a property in Texas (that's in a great location for STRs). It's an acreage property near the lake that has a main house (2/1), guest house (3/2), and small studio-layout unit (3 units on same property). The guest house has STR rental history but the other two units would need to be based on projections. It's a million-dollar property. I don't know what the 'appraised' value would end up being. I also have personal W2 income, if that matters.
Is there a loan out there for a set-up like this at 15% down?