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Updated almost 3 years ago on . Most recent reply

User Stats

27
Posts
5
Votes
Murray Clark
  • Developer
  • Cape Town
5
Votes |
27
Posts

Short term rental banks

Murray Clark
  • Developer
  • Cape Town
Posted

Hi Bigger Pockets Community,

We're exploring an entry into Austin and are looking for recommendation to banks that focus on providing debt for STR/MTR assets. We run a co-living and working space operation called Neighbourgood and we are looking to get our capital planning/debt structuring aligned prior to entering the market.
Any recommendations would be greatly appreciated!

Regards,

Murray

Most Popular Reply

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9,861
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5,564
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Eliott Elias
  • Investor
  • Austin, TX
5,564
Votes |
9,861
Posts
Eliott Elias
  • Investor
  • Austin, TX
Replied

There are DSCR lenders that provide STR lending, they base the monthly income on airDNA data.

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