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Updated 5 months ago, 08/14/2024
Looking for creative financing advice for off market STR
Hello! I have an off-market opportunity and want to jump on it! It is an a-frame in WI I want to turn into an STR. I have $70K of my own money I can use as a down-payment, but am looking for someone to finance the rest ($280K) as I'm a real estate agent and am having difficulty securing a loan from a traditional bank in a timely matter. I'd like to purchase as soon as possible. Does anyone have advice on creative ways to secure financing in a short amount of time?