Searching for Private/Hard Money Bridge/Cashout Lending for STR Project

[Devin Fakner]

Searching for private/hard money lending options for a Beach House AirBnB deal in Galveston, TX. Wanting to pull as much equity back out of deal while I await to refi again when rates drop.

- Purchase Price: $890k

- Purchase Date: 10/14/2022

- Amount Financed: $667k

- Rehab Cost: $125k

- Est. ARV: $1.1mil

- Rehab Completion Date: 3/10/2023

- Desired LTV: 80-85%