85% LTV Loan for one property with 3 STRs in Texas

[Jill Young]

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? 

[Jaycee Greene]

Quote from @Jill Young:

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? 

Hi @Jill Young, welcome to the BP Forum! Do you have experience owning and running an STR?