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Updated over 8 years ago,

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1
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0
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Tim Bodnar
  • Residential Real Estate Broker
  • Chicago, IL
0
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1
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Lending for Vacation Rentals possibly private lending

Tim Bodnar
  • Residential Real Estate Broker
  • Chicago, IL
Posted

I was wondering if anyone knew of any lenders for vacation rentals. We currently have about 7 units throughout the country that we use for vacation rental properties. These properties bring in a great deal of income but have much larger expenses especially up front when we rehab and furnish them. The typical bank is fine with 4-8 mortgages but we are getting past that and need to explore other avenues to continue our growth. If anyone has any advice on how I could possibly go about this please let me know. Thanks