Financing Second, Third, + STR

[Bryan Zen]

Hi everyone,

I have one STR up and running and it's going better than expected. I want to purchase my next one (and soon after my third and more)

I can afford the next one but after that my debt to income will be maxed until I have two years of revenues from the first one. 

Any thoughts on financing additional STR?

I talked to a couple banks and they don't recognize STR the way they do fit LTR.

[Bryan Zen]

@Jason Shackleton - thank you Jason!  

So basically try private investors / friends & family even if there is a higher interest rate it's ok because the returns on STR cover it