ISO STR Development Knowledge

[Kevin Dickman]

Doing some initial research in my local market, there appears be to an opportunity to develop/build unique (tiny home, A-frame, container) short term rentals in North Georgia market.

Would anyone know a good way to locate or know a land agent? Same question, goes for lenders?

Thanks in advance to anyone willing to offer their time and knowledge!

[Zach Edelman]

Regarding lenders - you will need to find private money to acquire the land. If you're looking for financing for building the actual structure(s) most private money lenders that do GUC financing will not provide financing without proof of previous GUC experience. Definitely something important to consider so you don't waste time on your search. You will likely need a GC or someone with experience to have some skin in the game (i.e either have some element of ownership of the borrowing entity and/or take on recourse) for private money lenders to feel comfortable issuing financing for GUC.