Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

18
Posts
4
Votes
Natalie Gelbke-Mattis
Property Manager
Pro Member
  • Rental Property Investor
  • Cleveland Ohio
4
Votes |
18
Posts

funding options for a profitable vacation rental on leased land

Natalie Gelbke-Mattis
Property Manager
Pro Member
  • Rental Property Investor
  • Cleveland Ohio
Posted

I have an opportunity to purchase a very successful vacation rental in Ohio, however i have two hurdles to overcome. 1. my DTI may be a little too high (self estimated at 47% with new proposed loan amount).

2.  The property is located on Leased Land therefore doesn't qualify for a traditional conventional mortgage.

Any Asset based lenders out there that would consider this deal?  Any guidance will be super helpful

  • Natalie Gelbke-Mattis