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All Forum Posts by: Derya Sonel

Derya Sonel has started 1 posts and replied 1 times.

I'm working through the best way to structure financing for a high-demand STR property near Sedalia, CO, and I'd love insight from others who have done similar deals. It's in Douglas county I believe, super curious if anyone has experience with any red tape there!

Deal Breakdown:

• 3 structures:

• 1 already income-producing

• 2 will generate significantly more after rehab

• Purchase Price: $500K

• Stage 1 Rehab: $240K (focus on 2 structures)

ARV Projections:

• After Stage 1: $1.2M

• Long-term potential: $2.2M+

• Seller willing to do partial owner carry

I’m exploring creative financing options to make this work, but lenders I’ve talked to have mixed responses—some say it’s too rural, others require $100K+ in liquid cash.

For investors familiar with STR deals, especially in mountain or semi-rural markets:

• How have you structured financing on similar projects?

• What’s worked for you with lenders in these types of markets?

• Any insights on DSCR loans or alternative funding options for a property like this?

Would love to hear how others have approached similar deals!