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Updated 5 days ago on . Most recent reply

Looking for a cash STR DSCR loan to replace my renovation loan
I am in dire search for a nicer - termed loan to replace my current Renovation loan. The property is finished and making a lot of money through the Six short-term rental units that I have created. It’s been up and running since January making approximately $20,000 per month. This is a single-family home yet. I have a. Where it operates at six individual units with six entrances, sort of like a mini resort, and it is in the heart of a very popular vacation rental area of Fort Lauderdale. I’m at the end of my Cash and I’m needing something quick. If anyone has any suggestions, I would greatly appreciate the advice. Thanks.!
Most Popular Reply

What are the numbers?
Present your business case.
"making approximately $20,000 per month", and your costs? current loan? current ask? end goal?