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Updated over 2 years ago,

Wesley Myers's profile image
Wesley Myers's profile image
Wesley Myers
  • Rental Property Investor
  • from Inlet Beach, FL
  • Member since Oct 10, 2019
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User Stats

90
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32
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Wesley Myers's profile image
Wesley Myers's profile image
Wesley Myers
  • Rental Property Investor
  • from Inlet Beach, FL
  • Member since Oct 10, 2019
Connect
Wesley Myers
  • Rental Property Investor
  • Inlet Beach, FL
32
Votes |
90
Posts
Short-Term & Vacation Rental Discussions

STR loan options in these times?

Wesley Myers
  • Rental Property Investor
  • Inlet Beach, FL
Posted

We have a contract on our 2nd STR. Current approval from one bank is 30/yr at 6% with 20% down. Is this the norm these days with excellent credit? What about borrowing against a 401k or borrowing against our current STR that's fully owned? Any advice greatly appreciated!

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