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All Forum Posts by: Jenna Jameson

Jenna Jameson has started 1 posts and replied 1 times.

Short-Term & Vacation Rental Discussions

Post: Financing to buy land/build rental properties

Jenna JamesonPosted
  • Putnam Valley, NY
  • Posts 1
  • Votes 0

Hello community! I am looking to get started in the world of vacation/short term rentals and would love some advice on how to obtain financing for my first property.

The loan would need to include land purchase and construction costs of 3-4 structures (tiny houses/yurts/small cabins/etc). So pretty much building it from the ground up. The idea is to have each of the structures available for rent on sites like Airbnb, Vrbo, etc.

Most of the financing that I've seen available is only for purchase of a home and I have not seen much information on how to obtain a construction loan, land loan, or something similar. Are there any options for this?

Any advice is greatly appreciated, thank you!

0 Votes