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Updated about 14 hours ago on . Most recent reply

Devin Peterson's profile image
Devin Peterson's profile image
Devin Peterson
  • Lender
  • Member since Oct 17, 2022
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Devin Peterson's profile image
Devin Peterson's profile image
Devin Peterson
  • Lender
  • Member since Oct 17, 2022
Connect
Devin Peterson
  • Lender
549
Votes |
1,598
Posts
Private Lending & Conventional Mortgage Advice

broker and lender suggestions? Beach front STR

Devin Peterson
  • Lender
Posted

need a lending outlet suggestion for this property.

2 unit ocean front STR

689total sqft

3+ years of STR history

Hair - there are NO other 2-plexes in the area, and appraisers have been using 3,4,5 units etc. that are 25+ miles away which is making the AERS report flagged for warning / total gross adjustment are like over 120%

Basically at this point looking for a self-serviced bridge lender who won't care about comps/appraisal so the borrower has time to find something more stable.

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