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Updated 8 months ago, 05/19/2024
Preferred Equity for 500k Short Term Rental Acquisition
Hello,
I own 100 properties mostly in the 150k range. I don't want to pull equity from these. I am looking to acquire 500k Short Term Rentals in PA and FL.
I'm looking to be able to make the smallest down payment possible. I have a lender offering 75-80k ltv. Is there a way to use preferred equity lenders to facilitate this goal?