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Short-Term & Vacation Rental Discussions

User Stats

308
Posts
64
Votes
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
64
Votes |
308
Posts

Airdna / STR experts

Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
Posted Apr 30 2024, 09:56

Hi, I have a few questions about Airdna and wanted to speak to anyone that has STRs or good experience with Airdna.

User Stats

87
Posts
79
Votes
Jesse Turner
  • Property Manager
  • Lake Lanier
79
Votes |
87
Posts
Jesse Turner
  • Property Manager
  • Lake Lanier
Replied Apr 30 2024, 10:35

Feel free to DM me about the AirDNA questions :)

User Stats

308
Posts
64
Votes
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
64
Votes |
308
Posts
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
Replied Apr 30 2024, 10:55
Quote from @Jesse Turner:

Feel free to DM me about the AirDNA questions :)


I'm looking for a community bank or portfolio lender who can offer a vacation home loan with a 10% down payment. Does anyone have any recommendations? Please only reach out if you can offer 90% LTV AND are NOT a conventional lender. I am strictly looking for a Portfolio or Community lender.

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11,727
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13,927
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John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
13,927
Votes |
11,727
Posts
John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied Apr 30 2024, 11:45

10% down loans are for second homes not rental properties.

Are you going to stay at the property some so that you qualify?

User Stats

308
Posts
64
Votes
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
64
Votes |
308
Posts
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
Replied Apr 30 2024, 11:50
Quote from @John Underwood:

10% down loans are for second homes not rental properties.

Are you going to stay at the property some so that you qualify?

Yes

User Stats

11,727
Posts
13,927
Votes
John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
13,927
Votes |
11,727
Posts
John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied Apr 30 2024, 11:58

Try Associated Credit Union in GA.

I got a 2nd home loan from them in the past.

User Stats

1,966
Posts
1,146
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Sarah Kensinger
Pro Member
  • Real Estate Consultant
  • Ohio
1,146
Votes |
1,966
Posts
Sarah Kensinger
Pro Member
  • Real Estate Consultant
  • Ohio
Replied Apr 30 2024, 13:06

Feel free to reach out for questions on Airdna! We use it all. the. time!

Also, I know you're not into a conventional lender, but @Jeff Chisum is very helpful for purchasing STR as a second home loan.

User Stats

113
Posts
87
Votes
Jeff Chisum
Pro Member
  • Lender
  • All 50 States
87
Votes |
113
Posts
Jeff Chisum
Pro Member
  • Lender
  • All 50 States
Replied May 10 2024, 17:54

@John Underwood that’s the key question

User Stats

24
Posts
14
Votes
Brooke Larson
Agent
14
Votes |
24
Posts
Brooke Larson
Agent
Replied May 11 2024, 17:53

I'm happy to help with AirDNA questions! I use this frequently to help my properties & my clients as they search for new investment properties.