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Updated almost 4 years ago,
Financing Second, Third, + STR
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.