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Updated about 3 years ago on . Most recent reply

Lei Lu's profile image
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Lei Lu
  • Investor
  • from Los Angeles, CA
  • Member since Feb 4, 2021
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Lei Lu's profile image
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Lei Lu
  • Investor
  • from Los Angeles, CA
  • Member since Feb 4, 2021
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Lei Lu
  • Investor
  • Los Angeles, CA
14
Votes |
46
Posts
Creative Real Estate Financing

Mortgage - How to get a second Short term rental mortgage?

Lei Lu
  • Investor
  • Los Angeles, CA
Posted

Hi BP family,

Happy new year! Any suggestions on how to get mortgage on second short term rental property within the same year of getting the first short term rental property?

Thanks!

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Joseph Bafia's profile image
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Joseph Bafia
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  • from Raleigh, NC
  • Member since Oct 19, 2019
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Joseph Bafia
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  • from Raleigh, NC
  • Member since Oct 19, 2019
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Joseph Bafia
  • Investor
  • Raleigh, NC
280
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313
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Joseph Bafia
  • Investor
  • Raleigh, NC
Replied

We've bought several STRs within the same year. All done through various forms of financing. Second home loan, DSCR & owner financed all done this year. Are you getting denied for some reason or just asking the general question?

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