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Updated over 1 year ago on . Most recent reply
SEEKING TRUE ASSET BASE LOAN-$600k EQUITY (FREE&CLEAR) SFR (AirBnB) in ATL- NO CREDIT
Attn: We need a Private, Hard, Creative Financing or Asset Base or DSCR lender(s) (No Credit Pull)
We are looking for a True Asset Based Loan/Lender, NO CREDIT PULLS!, loan for the next 12-24 months.
We own a 3bd/2ba (5 star Premium Hosts Airbnb) SFR Property (Downtown ATL, GA.), it's owned free & clear (no liens or mortgages)
$600k Value/Equity (CMA done - Oct 23')
For the past 3 years:
Yearly Gross Revenue = $68k/Yr Yearly Net Revenue=$49k/Yr
We would like to do 65% of LTV.
We are looking to buy another distressed property in our area to Fix & Flip with funds and then refinance in 12-24 Months. OBO?!
Let me know if you can help us in obtaining this funding!
Thanks KB + DW