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Updated 8 months ago,

Usman Khan's profile image
Usman Khan's profile image
Usman Khan
  • Member since Mar 18, 2024
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12
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Usman Khan's profile image
Usman Khan's profile image
Usman Khan
  • Member since Mar 18, 2024
Connect
Usman Khan
3
Votes |
12
Posts
Short-Term & Vacation Rental Discussions

Creative finance for a STR deal

Usman Khan
Posted

I am looking at an active STR deal which is held in an LLC. The seller is paying 20k in mortgage interest, given the current interest rates I would need to 45kish in mortgage interest for the said STR. Any suggestions on creative financing that would allow me to take on their LLC and their mortgage interest and not pay 25kish more in mortgage interest? Sorry a newbie to structuring creative finance deals.

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